The much-anticipated Fed announces its interest rate decision

With its decision, the FED (US Federal Reserve) did not change the policy rate and kept it constant in the range of 0-0.25 percent. The Fed decided to reduce its asset purchase rate by $15 billion per month.

The FED (US Federal Reserve) stated that it will slow down its asset purchases and decided to reduce the asset purchase rate to 15 billion dollars per month.

It will purchase $60 billion of treasury paper and $30 billion of mortgage-backed securities in December.

Of course, this decision will cause changes in the monetary values of countries and cryptocurrencies.

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