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The United States Federal Reserve (Fed) kept the policy rate unchanged in the range of 0-0.25, within expectations.
In the statement made by the Fed, it was indicated that the decision to keep the interest rate constant was taken unanimously.
It was noted that the Federal Open Market Committee (FOMC) aims to achieve the goal of maximum employment and 2 percent inflation in the long term, and it was stated that the supportive stance of the monetary policy is expected to continue until these goals are met. reached.
The statement reported that it was decided to keep the target range for the federal funding rate between 0 and 0.25 percent.
The Fed, which does not change the bank’s verbal guidance regarding asset purchases, has stated that this policy has maximum employment and price stability targets of $ 120 billion, with at least $ 80 billion a month for government bonds. treasury and at least $ 40 billion per month for purchases of mortgage-backed securities. It was reported that it would continue until “significant progress” is made. (AA)
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