Federal Reserve monetary policy meeting in 26 said in a statement after the regular decision-making, peacekeeping in the country will continue to benchmark interest rate from 0 to a record low of 0.25% unchanged, in order to further stimulate the U.S. economic recovery. In addition, plans will continue to promote the 600 billion U.S. dollars by bond purchase plan.
Analysts pointed out that can be seen from the statement, the job market downturn in the short term change in U.S. policy will not loose, but the U.S. economic recovery has been enhanced, quantitative easing policy has stimulated efforts to reduce even the possibility of early termination.
The Fed said in a statement, to keep the benchmark interest rate to 0.25% at 0 range unchanged. Since since March 2009, the Fed has been reiterated in a longer time to maintain interest rates at low levels.
Statement that the U.S. economy is recovering, but not enough to significantly improve the recovery rate of employment. In this regard, CITIC Securities International, said Hu Yifan macroeconomic researchers, such macro-economic environment prompted the Fed to maintain its expansionary monetary policy stance. The federal funds rate may be maintained in the longer period of time at very low levels, there will be no change this year.
As the Fed statement said, the high unemployment rate is still the reason for the Fed to maintain an accommodative policy. Although the U.S. unemployment rate in December compared with a significant reduction to 9.4%, but still a high level, and when the weekly number of initial claims for unemployment benefits still volatile. This means that the U.S. economy still needs a more robust recovery in order to bring the unemployment rate to achieve sustained, significant recovery.