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Federal Reserve Web Site: Federal Funds Rate Historical Data (including the current rate), Monetary Policy, and Open Market Operations; MoneyCafe.com page with Fed Funds Rate and historical chart and graph ; Historical data (since 1954) comparing the US GDP growth rate versus the US Fed Funds Rate - in the form of a chart/graph
After an eight-month recession beginning in August 1990, Greenspan and Co. managed to take the fed funds rate all the way up to a target level of 6.5 percent in May 2000, the highest of the period.
Later that month, the Fed reduced the federal funds rate by 0.25%. An additional reduction in October helped the U.S. avoid recession from weakening markets. The Fed lowered rates again in ...
In August 2007, the Federal Open Market Committee's (FOMC) target for the federal funds rate was 5.25 percent. Sixteen months later, with the financial crisis in full swing, the FOMC had lowered the target for the federal funds rate to nearly zero, thereby entering the unfamiliar territory of having to conduct monetary policy with the policy ...
Federal Reserve Economic Data ... Interest Rates 3-Month T-Bill: Secondary Market Rate W ... Effective Federal Funds Rate: M M1: Monetary Aggregates M1
The Federal Reserve cut its federal funds rate by a quarter point today following a two-day policy meeting, bringing its benchmark rate to between 4.25% and 4.50%. This is 2024's third federal ...
As the Federal Reserve cut its federal funds rate, here’s how it ripples through the economy and influences your finances. ... Interest rate. Monthly payments. Total interest charges. Monthly ...
If Fed officials indeed cut by a quarter point this month, a fed funds rate with a target range of 4-4.25 percent by the end of the year would require two half-point cuts.