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

November 02, 2016, 21:21 UTC+3
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WASHINGTON, November 2. /TASS/. The US Federal Reserve acting as the national central bank keeps the base interest rate at 0.25-0.5%, the Federal Open Market Committee (FOMC) said Wednesday after the meeting.

The Federal Reserve increased the base interest rate by 0.25 percentage points to 0.25-0.5% in December 2015. The rate was within the range of 0-0.

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