Banks Finansy17-12-2008 rate has been reduced - the worst is ahead of the Federal Reserve decided to reduce the rate of four times - to a record low of 0.25%. It is now up to say that the Fed rate has officially ceased to be an instrument for regulating the value of money in the U.S., and the financial authorities will move to the generous printing money, which in turn cheat another bubble, and, according to analysts in the near future will lead to another wave of crisis. Federal Reserve System (FRS) the USA has announced the reduction of base rate to the level of 0-0,25%. The decision was unanimous. Previously, she was 1%. Federal Open Market Committee by reducing the base rate going to contribute to economic growth and improve the financial system. As a result, the Fed rate is now the lowest in the world. Even in Japan, which for years kept the rate unchanged at 0.5%, and the fall of 2008 reduced it to a 0.3% rate is higher than in the U.S.. Just the Fed announced that it intends to take other steps to stimulate lending and revive economic activity. In addition, it intends to invest in debt securities secured by mortgages. However, experts are not in a hurry to enjoy these actions. As a trader said the IG AG Capital Michael Young, these measures, the Fed tries to flood the market with liquidity.
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