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MOSCOW, November 1 Following the October meeting, the US Federal Reserve System (FRS) kept the base interest rate at 5.25-5.5% per annum, stated in a press release from the regulator.
The decision coincided with the forecasts of most analysts.
Following the results of the July meeting, the Fed raised the base rate to 5.25-5.5% per annum. The regulator said then that it considers a further rate increase to be appropriate in order to achieve maximum employment in the economy and a target inflation rate of 2% in the long term. In June, the Fed kept the discount rate at 5-5.25% for the first time since January 2022, having previously continuously increased it to combat accelerating inflation. At the September meeting, the regulator again kept the discount rate at 5.25-5.5%.