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Fed leaves rates flat between 0 and 0.25%

2021-06-19T20:31:01.133Z


The Fed leaves interest rates unchanged. The cost of money remains unchanged between 0 and 0.25%. (HANDLE)


(ANSA) - NEW YORK, JUN 16 - The Fed leaves interest rates unchanged.

The cost of money remains unchanged between 0 and 0.25%.

The Fed has also decided to leave the asset purchases plan unchanged at 120 billion dollars a month while 2 rate hikes are expected at the end of 2023. The estimates for US growth are raised: to 7% for 2021. For 2022, growth is expected to 3.3%.

(HANDLE).


Source: ansa

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