US Fed decides to maintain zero interest rate policy and quantitative easing policy November 6, 4:38 to support the economy
The Federal Reserve Board of Governors, the central bank of the United States, held a meeting to decide monetary policy and decided to maintain the current large-scale monetary easing measures such as the zero interest rate policy.
The Fed held a two-day meeting to decide on monetary policy and issued a statement on the 5th about the decision.
According to the report, the US economy continues to recover its depressed economic activity and employment due to the effects of the new coronavirus, but it is well below the initial level.
For this reason, we have decided to maintain the zero interest rate policy that we have been continuing since March to support the economy and the current quantitative easing policy that supplies a large amount of funds by purchasing government bonds.
The US economy has seen a significant recovery in GDP growth over the three months to September, exceeding 33% on an annualized basis.
However, the addition of the economic measures are not standing prospects in the confrontation between the ruling and opposition parties of the presidential election well, again, have begun to increase in infected persons of the new virus, now in the fourth quarter concerns that than the speed of economic recovery weakens Has been pointed out.