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The US Federal Reserve does not change its monetary policy
image 22 September، 2021
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 the US Federal Reserve decided, in its meeting held since Tuesday, which was announced moments ago, to keep interest rates unanimously unchanged at the current levels of 0.25% as expected, and the bank announced that it will continue its program to purchase assets from Treasury bonds with at least $ 80 billion per month and $40 billion per month. $1 billion in mortgage-backed securities. The Fed affirmed that it is committed to using its full set of tools to support the US economy at this difficult time until the goals of employment and price stability are achieved. As for the asset purchase program, the Fed did not announce the timing of the start of the program’s reduction, but the committee believes that the moderation in the pace of asset purchases may be justified soon if progress continues. The market’s reaction was negative for the US dollar and positive for stocks and gold, as we mentioned in the morning report, as the Fed did not specify any specific timing to start reducing its purchases of assets. The markets are awaiting, less than 20 minutes from now, the press conference of Bank President Jerome Powell and answering journalists’ questions.

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