Information Concerning Increase In The Basic Discount Rate In The USA

The management of the Federal Reserve System of the USA summarized its two-day meeting at which it was decided to raise the basic discount rate by 0.25% (from 0.75% to 1%).

The Central bank of the USA has previously forecast two tax increases during the current year. Considering decline in unemployment, as well as acceleration of inflation, the planned number of increases has enlarged to three.

After 2008, the basic interest rate has been twice increased by the regulator.

The economy of the United States of America is the largest in the world, therefore, taking into account the main indicators and measures of the FRS concerning their adjustment, the foregoing can have the strongest impact on the currencies of other countries and world exchanges.

More detailed information regarding this issue can be specified with the lawyers of Law & Trust International by phone, in chat or during personal conversation in the office of the company.