The U.S. Federal Reserve decided to keep the key discount rate in the range 0-0,25% per annum, said the Fed released the results of which ended Aug. 10 meeting of the Open Market (FOMC). This decision is anticipated by most analysts.
As noted in a press release the Federal Reserve, according to the July Operations Committee on the open market, vosstavlenie the U.S. economy slowed. The costs of citizens has increased, but their purchasing power is constrained by a number of obstacles, in particular high unemployment. With this and the related decision of the Fed rate, which is taken in order to give ground for the emergence of conditions to accelerate economic recovery.
In addition, the U.S. Federal Reserve resumed incentives the U.S. economy. Thus, in a press release agency says that it will reinvest the proceeds of mortgage-backed securities that were previously redeemed during the crisis in the purchase of long-term U.S. Treasury bonds. The Fed explained this step necessary to support economic reconstruction, which in recent months has slowed down.
Fed's key rate - the so-called interest rate on federal funds rate. This task (targetiruemaya) rate at which banks offer their excess reserves held in the accounts of the Fed, under the overnight credit to other banks. The key rate is at a level 0-0,25% since December 2008. The Fed reduced its record low, to provide the necessary monetary conditions for the early withdrawal of the economy out of recession.
