The U.S. Federal Reserve has made the expected decision to maintain the base rate at the current level of 2.25-2.5 percent. At the same time, the majority of the members of the Open Market Operations Committee expressed the opinion that there is no need to raise the rate in 2019. Next year, it can only be increased once. The U.S. Federal Reserve has revised its forecasts for the growth rates of the U.S. economy. Now, the regulator expects the US GDP to grow by 2.1 percent this year and by 1.9 percent in 2020. Previously published forecasts of the Federal Reserve assumed economic growth of 2.3 and 2 percent, respectively.Inflationary outlook has also been revised sideways
of a decline. The Federal Reserve expects consumer prices in the country to rise in 2019
by 1.8 per cent, and by 1.9 per cent in 2020. According to the December
forecast that inflation in the U.S. over the next two years was expected to be at the levels of 1.9 and 2.1
percentage.Experts note that the rhetoric of the American Central Bank
indicates a change in the Fed’s monetary policy. In all likelihood, the cycle
of raising the stakes is already over. In case of deterioration of the economic situation in
In the next two years, a decision may be taken to reduce the interest rate on a country’s economy.
bets.
The U.S. Federal Reserve maintained the rate
