U.S. Federal reserve leaves interest rate at 0-0.25 percent

YEREVAN, January 29. /ARKA/. The U.S. Federal Open Market Committee, at its latest session, left the U.S. federal funds rate at the zero to 0.25 percent target – the record low, and this decision has been predicted by analysts, 1prime.ru reports referring to the information released by the regulator.

The regulator again expressed readiness to be patient ahead of the start of normalization of the monetary policy saying that improvement in employment rate and inflation will enhance the rate increase prospects earlier than expected.

According to the regulator, if labor market things deteriorate, the interest rate increase may be postponed.
The committee also point out improvement in economic activity in the country and the ongoing improvement at labor market due to the rising employment rate and subsiding unemployment.

The U.S. regulator keeps keeping watch on changes in inflation rate, forecasting further slowdown in the nearest future. It also expects that the indicator will come close to 2% along with improvement in the situation at labor market and weakening impacts of other factors, particularly low prices for energy carriers.

The decision was unanimously upheld by the committee members. –0–

spot_img

POPULAR

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.

Dili Town in Dilijan: A hotel complex with 96 partners plans to enter the international market

Seven years ago, the Dili Town concept existed only as an idea, but today it has been realized as a complex unique in Armenia – a "city within a city."

Central Bank of Armenia has tightened liquidity requirements for banks, taking into account the risk of large outflows of funds – Galstyan

The Central Bank of Armenia has tightened liquidity requirements for banks with large, concentrated foreign currency inflows to limit the risk of a potential outflow of funds.

Russian restrictions on the export of cash rubles will not significantly impact labor migrants and relocators —  Armenian Central Bank Governor

Restrictions on the export of cash rubles from Russia are not expected to have a significant impact on labor migrants from Armenia and relocators, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

Euro and ruble rose against the Armenian dram, while the dollar weakened: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, decreased by 0.16 points to 360.14 drams on October 29, 2026, compared to October 28.

LATEST NEWS

spot_imgspot_imgspot_img