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  2. Federal funds rate - Wikipedia

    en.wikipedia.org/wiki/Federal_funds_rate

    In October 2019 the target range for the Federal Funds Rate was 1.50–1.75%. [13] On March 15, 2020, the target range for Federal Funds Rate was 0.00–0.25%, [14] a full percentage point drop less than two weeks after being lowered to 1.00–1.25%. [15]

  3. History of Federal Open Market Committee actions - Wikipedia

    en.wikipedia.org/wiki/History_of_Federal_Open...

    In an unscheduled meeting on August 17 the Fed "temporarily" reduced the spread between the primary credit rate and the federal funds rate to 50 basis points from the 100-point spread established in January 2002. Official statement, 2007-08-07, Official statement, 2007-08-10, Official statement, 2007-08-17. August 7, 2007 5.25% 6.25% 10–0

  4. Fed’s interest rate history: The federal funds rate from 1981 ...

    www.aol.com/finance/fed-interest-rate-history...

    Key insights on the 2011-2020 era. Fed chairs of the decade: Ben Bernanke (2006-2014) Janet Yellen (2014-2018) ... The fed funds rate looked like it was about to settle there until the coronavirus ...

  5. U.S. prime rate - Wikipedia

    en.wikipedia.org/wiki/U.S._Prime_Rate

    The Federal Open Market Committee (FOMC) meets eight times per year wherein they set a target for the federal funds rate. In the United States, the prime rate is traditionally established by the Wall Street Journal. [2] Every major bank sets its own prime rate. When 23 out of the 30 largest US banks change their prime rate, the Journal ...

  6. What Is the Federal Funds Rate? See the Current Rate, How It ...

    www.aol.com/finance/federal-interest-rates-ve...

    It was the first rate cut since March 2020, when the Fed lowered the rate from a range of 1.50% to 1.75% to a range of 0% to 0.25% in response to the COVID-19 pandemic.

  7. Fed lowers rates by 0.50 percentage points, its first cut ...

    www.aol.com/fed-lower-rates-0-50-180200207.html

    The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23 years.

  8. Federal Reserve Economic Data - Wikipedia

    en.wikipedia.org/wiki/Federal_Reserve_Economic_Data

    The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...

  9. Fed slashes interest rates by 50 basis points as labor market ...

    www.aol.com/finance/fed-slashes-interest-rates...

    In order to fight stubborn inflation, Fed officials raised interest rates 11 times between March 2022 and July 2023, lifting the Fed funds rate from near-zero to a range between 5.25% and 5.5% ...