Fed has kept interest rate on federal loan funds

11:45 - 18.03.2021


March 18, Fineko/abc.az. The US Federal Reserve (Fed) has announced an interest rate decision.

ABC.AZ reports that Fed has kept the interest rate on federal loan funds in the range from 0% to 0.25% per annum.

After the decision, some economists stated that the Fed would not raise rates until the end of 2023.

By Elmir Murad