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US Federal Reserve System keeps base interest rate at 0.25-0.5%

March 16, 2016, 21:24 UTC+3 WASHINGTON

The regulator increased the rate by 0.25% in December 2015

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© Win McNamee/Getty Images

WASHINGTON, March 16. /TASS/. The US Federal Reserve System acting as the national central bank keeps the base interest rate at 0.25-0.5%, the Federal Open Market Committee said Wednesday after the meeting.

The Federal Reserve decided to keep the base interest rate at the level of 0.25-0.5% at the prior meeting held on January 26-27. The regulator increased the rate by 0.25% in December 2015.

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