Decision FRS the USA has caused growth of share indexesOn Wednesday unexpectedly for the overwhelming majority of experts Federal reserve system of the USA has lowered the rate on federal funds (discount rate) on 50 basic points - to 4,5 % annual.
the American analysts predicted that rate decrease will occur at the next session of committee on operations in the open market on May, 15th.
in the message of Federal reserve system it is said that rate decrease pursues the aim to increase capital investment of the largest American corporations, which reduction “ threatens with the further decrease in rates of economic growth “.
It already the fourth decrease in discount rate in the United States this year and the second, made in a break between planned sessions of committee on operations in the open market.
share indexes of the USA have reacted to news about rate decrease by sharp growth. Index Dow Jones by 19:25 Moscow time has grown on 380,59 points to a mark 10 597,32 points (+3,73 %). Index Nasdaq Composite has jumped up on 166,12 points to 2089,34 points (+8,64 %).