First FED decision in 2016: "freezing" of interest rates

The Federal Reserve (Fed) decided this week to keep u.s. interest rates unchanged reference, between 0.25 and 0.50 per 100.

In a statement issued Wednesday, after the two-day meeting of the monetary policy Committee, the Fed argues the decision with the fact that economic growth be kept "moderate" in the United States and considering that inflation will remain low "in the short term".



Federal Open Market Committee statement: https://t.co/eqnIWHxpRZ #FOMC

The Fed expects "inflation will remain low in the short term, partly due to major declines in energy prices," anticipating that this indicator remains still far from the medium-term objective, of 2%.

In the previous meeting in December, the u.s. central bank had qualified the country's economic growth as "solid", by the change of language is a recognition of the economic slowdown.

Regarding the evolution of interest rates, which rose in December for the first time since 2006, the Federal Open Market Committee (FOMC, the acronym in English) the Fed reiterated the expectation that "economic conditions evolve in such a way that only gradual increments are required.

The institution led by Janet Yellen had avoided giving concrete references to recent volatility in North American and Chinese markets registered, simply that it "is watching closely the global economic and financial developments".

The vote on the statement released today was unanimous, with 10 votes in favour and none against.

If You Enjoyed This, Take 5 Seconds To Share It

• Facebook
• Twitter
• Google+
• StumbleUpon
• Digg
• Delicious
• LinkedIn
• Reddit
• Technorati