Preserving 9 votes to 1, in accordance with the consensus forecast of the base interest rate in the target range of 0% -0.25% and the discount rate at 0.5%, the Federal Commission for open markets while the U.S. Federal Reserve commented on the situation:

Fed continues to buy problem mortgage-backed securities in the total amount of $ 1.25 trillion mortgage and debt obligations amounting to 175 billion dollars to support real estate markets and revive mortgage lending. Fed will gradually slow the pace of these purchases, to avoid the severe market fluctuations, with the completion of the entire program is scheduled for the end of the 1 st quarter.

At the same time the Fed reserves the right to adjustment in the terms and provided for these purposes in the light of developments in the economy and financial markets.

In the light of improving the performance of financial markets, the Fed will stop the implementation of special measures to provide additional liquidity to February 1. At the same time terminate the interim arrangements for swap transactions with liquidity from the Bank in other countries.

Fed noted the continued increase in business activity, halting the deterioration of the employment situation of the population, a moderate increase in consumer spending, limited the weakness of labor markets, low income growth and difficulties in obtaining credit.

The Fed noted that firms have increased spending on equipment and software products, but also extremely reluctant to expand payrolls. This business has improved the balance of inventories and sales.

Fed suggests that the pace of economic recovery will be moderate for another some time, and controlled inflation will remain at low levels. Despite the continuing decline in bank lending, conditions in financial markets conducive to economic growth.

The Fed said that the base interest rate can be kept extremely low as long as necessary for economic recovery time.

Europe: a victory for the bears remained
Putin: Russia in terms of proven oil reserves reached the level of 1990
Agreement between Russia and Belarus signed on oil supplies
Ursula K. Le Guin led war against Google
The gap between rich and poor in Britain is becoming increasingly
KSCA: Kyivavtodor "since the beginning of the winter season to clear the roads spent 21,4 thousand tons of salt
Experts predict in 2010 increased competition in the market of property insurance
Lubkivsky: UEFA may return the stadiums in Kiev and Lviv in the area of highest risk due to funding delays
Global imbalances in access to uranium will lead to an increase in mergers and acquisitions in this market