Fed keeps interest rates in the US level between 0.25% and 0.5%

                 

Washington - The Federal Reserve (Fed), Central Bank of the United States, decided on Wednesday, at the end of its monthly meeting to determine the country's monetary policy, keeping interest rates at 0.25% level to 0, 5%.

After two days of meeting, the Fed decided to maintain the level established from the high occurred in December last year, which was the first in a decade and marked the end of seven years of an unprecedented expansionary policy because of the economic crisis.

Regarding the situation of the US economy, the members of the committee that decides the US monetary policy said that "short-term risks have decreased."

The committee members said they also consider that the country's economic activity is expanding at a pace "moderate." Regarding the labor market, the Fed indicated that keeps pace strengthening.

Despite these positive signs, the Fed decided to keep rates with only one dissenting voice among its ten members, the chairman of the Federal Reserve of Kansas, Esther George, who wanted a high of 0.25%.

The positive tone used today at the end of the meeting leaves the door open for an increase at the September meeting, at which the central bank governor, Janet Yellen, will give his quarterly press conference.