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United States Fed Interest Rate Decision in line with forecasts (0.25%)

FXStreet.com (Barcelona) For more information, read our latest forex news.

Federal Reserve leaves rates unchanged

After months of speculations, the Federal Reserve decided to leave the target range for the federal funds unchanged at 0-0.25%.
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Full text Fed statement September 17

Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace. Household spending and business fixed investment have been increasing moderately, and the housing sector has improved further; however, net exports have been soft. The labor market continued to improve, with solid job gains and declining unemployment. On balance, labor market indicators show that underutilization of labor resources has diminished since early this year. Inflation has continued to run below the Committee's longer-run objective, partly reflecting declines in energy prices and in prices of non-energy imports. Market-based measures of inflation compensation moved lower; survey-based measures of longer-term inflation expectations have remained stable.
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