In the United States, a regular meeting of the Federal
a backup system. It resulted in a decrease of the key rate by 0.25
percentage point up to 2-2.25 percent. Eight out of ten voted for this decision.
members of the Open Market Operations Committee. Esther George and Eric Rosengren
didn’t agree with the majority opinion. They supported keeping the bet on
the same level. The U.S. Federal Reserve Board statement notes that the decision to reduce
The rates were adopted taking into account the difficult situation in the global economy and the weak
inflationary pressure in the country.The last time the U.S. Central Bank made a decision to reduce the rate at the end of 2008. It was a time of global financial crisis.Federal Reserve also announced the completion of its asset reduction program ahead of schedule.American markets took a negative view of the US Federal Reserve statement.
They were expecting a unanimous decision on the bet and hoped to see a hint of her
further decrease.Donald Trump didn’t like the statement from the US Federal Reserve. According to him, the Central Bank should have announced the beginning of an aggressive rate cut for a long time. The U.S. Federal Reserve should not lag behind the Central Banks of other countries, said the U.S. president.