FXstreet.com (Barcelona) - The Federal Reserve's Monetary Policy Committee has decided to leave unchanged its interest rates in 0.25 %, in order to boost U.S. economy.
Decision is in line of market expectations.
Fomc Statement says that US Goverment is prepared to buy Longer-Term Tsy Securities if needed. Althought Geithner has said that Fed want to preserve the private banking system.
Fed has watched a slight recovery in financial markets adn expects a gradual recovery in economic actibity later this year.