Fed to announce a decision on interest rate - no change is expected

14:06 - 29.04.2020

April 29, Fineko/abc.az. Today, the US Federal Reserve (Fed) is to publish an interest rate decision.

ABC.AZ reports that experts predicted that Fed will hardly make any change in the interest rate and will keep it at the level of 0.25%.

Financial experts believe that this year Fed has cut the interest rate to zero and intends to help the markets. Fed also provided a number of urgent and emergency credit opportunities for companies to continue the flow of loans.

Fed's balance sheet is currently at the level of $6.57 trillion.

 

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