There is a decision: The Fed announced on Wednesday, January 29 that interest rates will stay maintained at the current leveli.e. in the compartment 4.25-4.50 percent. The decision was in line with the expectations of economists. CME Group data indicated that the FED at 99.5 percent will keep your feet in this range. This is the first decision of the American Central Bank during the presidency Donald Trump. In the FOMC communication (equivalent to the Polish RPP) he emphasized that he wants to achieve the highest employment in the long run and inflation at 2 % (in December it amounted to 2.9 percent year on year).
Other countries cut feet: On Wednesday Canada Bank He cut the feet of Fr. 25 base points up to 3 percent (as expected). He made a similar decision Bank of Sweden. Feet in this country have been reduced 25 PB up to 2.25 percent (also according to forecasts). On Thursday, however, we will know the European decision Bank Central. We would like to remind you that in mid -January the Monetary Policy Council decided to maintain interest rates at the current level, i.e. 5.75 percent.
Read also: “Trump presses on the Fed on interest rates. A historic record was broken“.
Write to the author: dominik.molinski@grupagazeta.pl