Thursday, September 17, 2015

The Federal Reserve does not raise interest rates – The Messenger

The Federal Reserve decided to leave interest rates unchanged at 0-0.25%, a record low which were taken in December 2008 in the midst of the worst financial crisis since the Great Depression of the ’30s. This was announced by the US central bank at the end of its meeting, noting that “monitors international developments.” The Fed did not provide a new timing of the first increase in interest rates.

The global economy and financial events could curb the activities of the economy, says the US Federal Reserve, stressing that inflation will remain in the short-term lows and will continue to rise gradually to 2% over the medium term.

October remains a possibility for an increase in interest rates. The press conference after the meeting is not scheduled but may be called . This was stated by the chairman of the Fed, Janet Yellen, noting that the Fed will look at global economic developments «preoccupano». And the Fed monitors, aware that the weakness of the world economy could weigh on inflation , said Yellen, noting that the strong growth fears in China and other emerging countries have created volatility in the financial markets. The importance of the first increase in interest rates should not be exaggerated, he adds, noting that the timing of the first increase from the Outlook depends on the economy.

 17 September 2015 20:11 – Last Updated: 21:07

 © ALL RIGHTS RESERVED
 




 
 
 
 

BECOME A FAN OF THE MESSENGER

 
 
 


 
 

LikeTweet

No comments:

Post a Comment