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The Fed keeps fixed interest rates as anticipated by Investing.com



© Reuters. Jerome Powell

Investing.com – The Federal Reserve decided to leave it unchanged and keep it between 2.25 and 2.50%, as analysts already predicted.

According to the monetary policy decision, "the labor market has continued to strengthen and economic activity has steadily increased, employment growth has been strong in recent months and unemployment has risen. It has remained low."

He added that household spending continues to grow rapidly, but growth has fallen from its accelerated pace at the beginning of last year. Over 12 months, both general inflation and inflation for non-food and energy products are still close to 2 percent.

"The Committee continues to believe that the expansion of economic activity, strong labor market conditions and inflation are close to the symmetric target of 2% as the largest result in terms of global economic and financial development and inflationary pressures. The Committee will have patience as it determines what will happen. further adjustments to the federal fund rate target range to support these results. "

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