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All attention focused on U.S. - Fed to announce interest rates

29.10.2019,13:05


October 29, Fineko/abc.az. The U.S. Central Bank (Fed) will once again announce a decision on interest rates.

ABC.AZ reports that the question of the consideration of interest rates by Fed in 2019 is being decided for the third time. Economists are still at a loss to predict what decision the Fed will make on interest rates. They believe the Fed can cut interest rates both slightly and many times. Some experts believe the Fed may cut interest rates in the range from 1.75% - 2% to 1.5% - 1.75%. It will be a surprise to many if, according to experts, the Fed will state that the current interest rates will not change.

It should be noted that the Fed will announce the decision on interest rates tomorrow at 10 pm on Baku time.

By Elmir Murad