PANews reported on March 19 that, according to CCTV News, the Federal Reserve announced on March 18 that it would maintain the target range for the federal funds rate at 3.5% to 3.75%. This decision was in line with market expectations.
The Federal Reserve stated that the impact of developments in the Middle East on the U.S. economy remains uncertain.
The Federal Reserve stated that in deciding whether and when to adjust interest rates in the future, the Committee will comprehensively assess the latest economic data, changes in the economic outlook, and the balance of risks.

