Photo: Leah Millis / Reuters
The Federal reserve system (FRS) the USA has kept the base rate, leaving the rate at level of 0-0,25 percent. This is stated in the press release of the regulator.
It is noted that the Committee intends to keep this target level until, until you are certain that the economy has passed the latest events related to the pandemic, and is on track to achieve the goals of maximum employment and price stability.
The Federal reserve also announced that it will continue to buy Treasury bonds and mortgage-backed real estate securities amounting to at least $ 120 billion per month to ensure the stability of financial markets.
In March, the fed lowered its key interest rate to near zero to combat the spread of coronavirus. It was explained that the outbreak of coronavirus caused severe damage to the economies of many countries, and its consequences will have an impact on economic prospects.
According to the latest data, the U.S. recorded more than 4.4 million cases of infection with coronavirus. 150 713 people died from complications associated with pneumonia COVID-19.
Video, photo All from Russia.