Federal Reserve Effective Rate Is unchanged

On the 27th of April meeting Federal Reserve Bank during the meeting the policy makes announced that they will keep the federal funds rate as it was without changing. It is still unknown when the will the Federal Reserve will increase the interest rate. The policy makes have not given any indication on how the economic outlook, this could be due to having some options available when they want to make decision in next meeting is in June. The policy makers of Federal Reserve Banks said that they are still in monitoring the indicators of inflation rate as well as the international economy and financial stability. Despite the slowing of the economic growth that there is an improvement on job market, consumer confidence and households incomes. Overall there is improvement in the strengthening in the household sector but the improvement is slow in export and investment. The economy is still not where they have been expecting, therefore tt is still not the best time to increase the rates.
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