
After two days of meeting of the Federal Reserve Bank Representatives it appeared that as expected and expected the base interest norm was not changed.The FED Manager emphasised that they would wait for the recent data, which would confirm the progress of inflation in the next decisions in the area of monetary policy that are already and thus appear to be sufficiently less restrictive.
Then the interest norm and will reach 4.25 – 4.5 percent , which all voting FED members have said in favour of.The Central Bank made the pause after three out of the series of decreases in 2024 years the total of which the total amounted to one percent.
“Recent indicators show that the economic performance continues to increase accelerated in the past months the unemployment levels have stabilised in a low range of employment and the market conditions remain good.Inflation remains slightly increased. The Committee is aiming for the long-term perspective of peak employment and inflation of 2 percent.