The US Central Bank announced, yesterday, Wednesday, that interest rates will be fixed within the range (0%) to (0.25%).
The bank stated in the statement that it seeks from these measures to increase job opportunities and keep the inflation rate at 2% in the long term in the United States.
He also decided to start reducing the monthly pace of his net asset purchases by $10 billion in Treasury securities and $5 billion in agency mortgage-backed securities.
He explained that later this month the FOMC will increase its holdings of Treasury securities by at least $70 billion per month and agency mortgage-backed securities. At least $35 billion a month.
The bank stated that, starting next December, the committee will increase its holdings of treasury bonds by at least $60 billion per month, and agency mortgage-backed securities by at least About 30 billion dollars a month.
