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Washington (Benchmark News) – The United States Central Bank, the Federal Reserve expected to maintain interest rates at the September meeting. The estimated Fed Rate interest (Fed Funds Rate), was quoted as saying the new Reuters, was raised at the end of the year.
As is known, after 10 years in December 2015 Fed Rate raised to 0.50%.
Economists surveyed by Reuters saw a thin chance of a rate increase at the end of the Fed’s two-day policy meeting which will be announced on Wednesday or Thursday (local time) in the morning. Majority economists expect rising FFR at a meeting December.
The Fed will release a policy statement at 02.00 pm. Fed Governor Janet Yellen is scheduled to stage a press conference. Advanced 17 officials of the Fed’s policymakers will be to revitalize the labor market with inflation. (Red)
