The US Federal Reserve (Fed) has kept the base interest rate at 3.5–3.75% per annum.
“Elchi” reports that the regulatory body has released information regarding this.
It is noted that the Fed had kept the interest rate unchanged in the previous three meetings as well. In addition, from September to December of last year, the Fed lowered the interest rate three times, from the 4–4.25% level to the current range.