the Decision was made by the ratio of 7 to 3.
during ended on Wednesday a two-day meeting, the Federal Open market Committee (FOMC), the body of the fed is responsible for monetary policy refrained from raising the price of money, pointing out, however, the probability of such movement during the next meetings, stressing that until the end of the year, the decision can be made.
on Wednesday the decision meets the expectations of most economists and analysts. Recent estimates have suggested that because only 15%. the probability of rate hikes in September and by almost 60 percent. for the three months.
After today’s “neutral” decisions of Prime interest for benchmarkowa means the Fed will continue to be formed at 0.25-0.5 percent.
the Federal Reserve has lowered the forecast of growth of the Us economy for the whole of 2016. from 2.0 to 1.8 percent. The fed also took a script that one raise the legs in 2016. and two in 2017. Previously it was assumed three raises next year.
the Next FOMC meeting scheduled for 1-2 November, however, due to the average term of U.S. presidential elections, economists do not expect that after it nothing significant. Only the next scheduled for December 13-14, can turn important decisions on monetary policy.
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