U.S. Federal Reserve postpones prime rate hike

At Wednesday's meeting, the Federal Reserve decided not to raise its key interest rate - it was once again kept at zero (0 - 0.25%). The regulator announced this in its official press release. Despite the fact that investors' fears regarding the rate hike at the January meeting were not confirmed, the United States stock exchanges closed in the red zone again - Dow Jones lost 0.38%, S&P 500 - 0.15%, only NASDAQ increased by a symbolic 0.021% in the last minutes of trading. All three indices were growing before the results of the meeting were announced. Despite the restraint, the regulator did indicate that the rate may soon be raised due to soaring inflation, which is well above the 2% target. He also reiterated the timing of the end to the asset buyback - the program will end in March, in line with his earlier decision to accelerate the process. The last buyback will take place in February to the tune of $30 billion, half as much as in January.