The Fed decided to keep the interest rate at current level and announced plans to support US economy

Following a two-day meeting, the US Federal Reserve made a decision leave the interest rate at the current level - 0-0.25%. Decision coincided with the expectations of the overwhelming majority of market players and analysts. As the regulator explained in a post posted on its official website, this step was taken due to the high risks for economic prospects associated with the crisis in the field health care - the latter will negatively affect business activity, employment and inflation. The Federal Reserve noted that in further, when making decisions on monetary policy, he will take into account the current economic situation and is ready adjust your plans depending on the circumstances. The regulator also announced its intention to continue to increase volumes purchases of mortgage and treasury securities to support lending households. Instead of 2% growth in US GDP this year, the Fed expects its fall by 6.5%.