The U.S. Federal Reserve decided to raise interest rates modestly, raising them by 25 bps. - to 4.75%. Market players and analysts were tensely expecting the outcome of yesterday's meeting, wondering what step the central bank would take amid the crisis in the banking sector. The decision coincided with expectations of the majority.

The fact that the regulator did not pause to raise, despite the recent collapse of U.S. banks and its consequences, is due to the fact that for him the confidence of players is more important than the financial condition of regional banks - this view was expressed by various experts in a conversation with the Prime Agency.

In its concluding statement, the Federal Reserve, despite the crisis, called the U.S. banking system reliable and stable. It expects that amid the collapse of banks, credit conditions for households and businesses are likely to tighten; this will have a negative impact on economic activity, hiring and inflation, while it is not yet clear to what extent, the document said.