US Federal Reserve to declare interest rates

12:17 - 16.09.2020


September 16, Fineko/abc.az. Today, the US Central Bank (Fed) is to announce interest rates another time.

ABC.AZ reports that the relevant decision will be made by the Fed, one of the world's largest banks, at 10 pm on Baku time.

Currently, Fed's interest rate is in the range of 0-25%. Experts believe that the Fed will switch to a more convenient approach on interest rates.

The Federal Reserve is expected to be in favor of maintaining the stable interest rates.