The US central bank announced that it would fix the interest rate at zero to 0.25%, in a statement by the bank yesterday evening, Wednesday.
The bank said it is appropriate to maintain this target range until labor market conditions reach levels consistent with the Federal Open Market Committee's assessments of the maximum employment ratio, as well as Until the inflation rate rose to 2%.
The Bank reiterated its commitment to using all the tools it has to support the US economy at this difficult time we are going through, especially with regard to strengthening employment goals and price stability.
The bank clarified that the course of the US economy still depends on the course of the Corona virus, as the increase in the frequency of vaccinations is likely to contribute to reducing the effects of the public health crisis on the economy.
