• 16/07/2024 01:27

The Fed kept its key rate at 5.25-5.5%

The Federal Open Market Committee (FOMC) of the US Federal Reserve System kept the interest rate on federal funds rate at the same level – in the range of 5.25-5.5%, the FOMC reported.

< p>The Fed kept the key rate at 5 ,25-5.5%

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This decision was made unanimously by all committee members and coincided with the expectations of most analysts and economists.

The rate has been held at this level since July 2023 last year.

The news is being supplemented

    US Federal Reserve

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