YEREVAN, January 29. /ARKA/. The U.S. Federal Open Market Committee, at its latest session, left the U.S. federal funds rate at the zero to 0.25 percent target – the record low, and this decision has been predicted by analysts, 1prime.ru reports referring to the information released by the regulator.

The regulator again expressed readiness to be patient ahead of the start of normalization of the monetary policy saying that improvement in employment rate and inflation will enhance the rate increase prospects earlier than expected.

According to the regulator, if labor market things deteriorate, the interest rate increase may be postponed.
The committee also point out improvement in economic activity in the country and the ongoing improvement at labor market due to the rising employment rate and subsiding unemployment.

Categories: Banks @en, General news, News, News of the hour | Comments Off on U.S. Federal reserve leaves interest rate at 0-0.25 percent

Tags: Percent, RATE, U.S. Federal

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