The Fed has kept the key rate at the same level

At the end of the two-day meeting, the Fed decided not to change the base rate, keeping it at the level of 1.5 - 1.75%. it the decision met the expectations of the overwhelming majority experts and investors. The regulator's communiqué following the meeting practically did not has changed from the previous one, with the exception of the fact that it no longer mentions economic uncertainty. The document says good the state of the labor market, high rates of employment growth in recent months and low unemployment. Economic activity showed moderate growth, noted in the Fed. The regulator stressed that its the priorities are employment growth and price stability. According to the Fed, the current monetary policy contributes to the growth of economic activity, maintaining inflation near the target (2%), and strengthening the labor market. The regulator stated that in the future when deciding on a key rate, it will focus on the state of the economy, including employment rate and inflation.