The United States Federal Reserve announced today that it will keep its key interest rate unchanged at the current range of 0% to 0.25%. This decision comes as the US economy continues to recover from the impacts of the COVID-19 pandemic. The Federal Reserve stated that it will maintain its current monetary policy stance to support the ongoing economic recovery and achieve its dual mandate of maximum employment and stable prices. The central bank also mentioned that inflation has increased recently but expects this to be transitory. The Fed’s decision was largely in line with market expectations.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
