US Fed keeps discount rate

The US Federal Reserve System has kept the discount rate at 0-0.25 percent per annum, Report informs.

The Fed expects inflation in the US in 2022 and 2023 at 2 percent and 2.1 percent, respectively

This is while the regulator expects US GDP growth in 2022 and 2023 at 3.3 percent and 2.2 percent, respectively.