11:14 - 6.11.2020
November 6, Fineko/abc.az. The Federal Reserve System (Fed), which serves as the Central Bank of the United States, has kept the discount rate at 0-0.25%.
ABC.AZ reports that the Committee intends to maintain the target range on the federal funds share at 0-0.25% until labor market conditions reach levels consistent with the maximum employment estimate and inflation growth will be 2%.
It should be noted that the Fed also kept the discount rate at 0-0.25% in July.
