The U.S. Federal Reserve continues to be in no hurry on its expected rate hike. The Fed Open Market Committee reiterated after a two-day meeting on Wednesday that the normalization of monetary policy can be approached “patiently”. U.S. key interest rate to remain at record low of zero to 0.25 percent for now.
So far all signs point to a key interest rate increase in the summer in the USA. But the Fed is still keeping quiet. Low inflation, however, has raised doubts among experts.