Leaders Online Desk: The Federal Reserve, the US central bank, has decided to keep interest rates unchanged. There has been no cut in interest rates as the Federal Reserve aims to keep inflation in the US below 2 percent. On the other hand, since the unemployment rate in the US has been high for the past two years, the issue of growth has also been taken into consideration by the Federal Reserve. Due to this decision, the interest rate in the US remains at 5.25-5.50%. (Fed Rate)
The world's attention is focused on the monetary policy of the Federal Reserve, the central bank of the United States. In the past few months, the Federal Reserve has consistently increased interest rates as the rate of inflation in the United States continues to rise. US interest rates are currently the highest in the last two decades. Inflation rate in the US in the month of February has been recorded at 3.2 percent annually. The rate was expected to come down to 3.1 percent.
According to Federal Reserve officials, an inflation rate of 2 percent is expected for a healthy US economy. But with the unemployment rate in the US at its highest level in two years, the Federal Reserve will have to focus on growth while overcoming inflation. Live Mintsaid in the news.
of the Federal Reserve Federal Open Market Committee Decides on interest rate. As long as inflation is not seen moving towards the 2 percent target, the committee is sticking to its policy of not cutting interest rates.
What will be the impact on the Indian stock market? Fed Rate
The market movement remains on the assumption that the Federal Reserve will not cut interest rates. But Prashant Tapse, vice-president of analysis at Meht Equity, said that the focus will be on what the chairman of the Federal Reserve says and analyzes about the economy and the way forward.
The Federal Reserve will decide on an interest rate cut in the middle of this year, which will have mixed effects on the market. There is volatility in the Indian market right now. This is because the market value of mid and small calf stocks has increased, retail investment has decreased and elections are around the corner. Live Mintsaid.
The US #FederalReserve left the key lending rates unchanged at 5.25%- 5.50% for a fifth straight meeting after a two-day Federal Open Market Committee consultation, despite signs that inflation remained surprisingly high at the start of the year
Read here: https://t.co/rLR0JWnHbN pic.twitter.com/chhfwSbreF
— Mint (@livemint) March 20, 2024
LIVE NOW: Press conference with #FOMC Chair Powell: https://t.co/1uJrua5qsH and https://t.co/FJa6TbkDMt
— Federal Reserve (@federalreserve) March 20, 2024
US Fed Meet Live Updates: Powell-led FOMC keeps key rates unchanged at 5.25-5.50% for 5th straight meeting
#FOMC pic.twitter.com/yxaqQ6Y9eu
— SAVATAR (@Savatarx0) March 20, 2024
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