The US Federal Reserve System has reduced the interest rate on federal loan funds (federal funds rate) by 50 basis points, to the level of 4.75-5% per annum. This was the first decrease since March 2020, when the rate was at its highest in the last 23 years. The regulator did not change it for eight consecutive meetings, and the market expected a decrease in the range of 25-50 basis points. The Fed statement notes that economic activity continues to grow steadily, although the pace of job growth has slowed and unemployment has increased, remaining at a low level. Inflation is also approaching the target 2%, but remains at a slightly elevated level. The Fed is committed to maintaining maximum employment and long-term inflation at 2%, noting progress in this direction. The regulator also stressed its willingness to adjust policy depending on economic risks and data, while continuing to reduce assets on its balance sheet. All FOMC members voted for a 50-bp rate cut, except Michelle Bowman, who advocated a 25-bp cut.
LINKS RÁPIDOS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contate-nos 
