Economy
Fed keeps US interest rates between 3.75% and 4% ahead of congressional elections
The US central bank's decision on Wednesday comes amid inflationary pressure and impacts Brazil by sustaining the appeal of US bonds and driving exchange rate pressures.
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The essentials of this story
- What happened
- The Federal Reserve maintained United States interest rates in the range of 3.75% to 4% per year.
- Who is affected
- Global financial markets, investors, the United States economy, and the foreign exchange and interest rate markets in Brazil.
- What changes
- US interest rates remain stable following the hike recorded in September, influencing the attractiveness of foreign bonds and the pressure on the dollar and inflation.
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