The Fed raised the base rate to 3-3.25% per annum
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The Federal Reserve System (FRS) of the United States for the third time in a row raised the base interest rate by 75 points – up to 3-3.25%. This was reported on the website of the regulator.
“The central bank aims to achieve maximum employment and inflation at 2% in the long term. To achieve these goals, the agency has decided to increase the target range of the base interest rate to 3-3.25% and expects that a further increase in the target range will be appropriate. statement US FRS.
In July, the US Central Bank raised rate at 0.75%. The regulator, as before, explained its decision by the growth of inflation in the United States – in June it accelerated to 9.1%. 13 September Senior Economist at Oxford Economics Cathy Bostyanich statedthat inflation slowed down in August, but was higher than expected.
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