US Fed officials left interest rates unchanged and confirmed its plans to hike borrowing costs gradually amid stable economic growth, Bloomberg reports. It supports the probability for next rates increase in September.

Unemployment is at low level, while economic activity speeds up. At the same time household spending and business investment grow.

Shares and bonds did not show serious reaction to US Fed announcement. S&P 500 closed 0,1% lower. US Treasuries yield was 3%. Probability of rate hike during bank’s meeting on September 25-26 holds at 80%.

US economy grew with the pace of 4,1% in the second quarter. This is the highest rate since 2014. Inflation in a year ending June was 2,2%, while core inflation excluding food and energy rose to 1,9%. Unemployment level in June was 4%, which is lower than 4,5% defined by US Fed as full employment.