The Federal Reserve (Fed) of the United States announced on Wednesday its intention to keep its benchmark interest rate, which is close to zero percent, for “a considerable time” after completing the program of financial incentives .
This information was disclosed after the meeting of its monetary policy committee (FOMC, its acronym in English).
The US central bank continued to reduce its purchase program financial assets, in over ten billion dollars (7.7 billion euros) for the 15 billion dollars.
At the end of its two-day meeting, the FOMC emphasized the expression ” considerable time “to refer to the time period that will keep the main interest rate benchmark at its current level, which is close to zero.
With this new cut in its stimulus program, the Fed prepares the final output of the injection of liquidity for the next Federal Reserve meeting scheduled for late October program.
Analysts awaited reference to any sign of a rise in the key interest rate reference, lying between 0% and 0.25% since 2008, before mid-2015.
The American central bank opted not to give any sign, insisting that “it is appropriate to maintain the range of rates reference interest for a considerable period of time after completion of the program “stimulus.
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