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2. History of Federal Open Market Committee actions - Wikipedia

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

   The FOMC left rates unchanged the day after the Bankruptcy of Lehman Brothers. Official Statement: August 5, 2008 2.00% 2.25% 10–1 The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent. Official statement: April 30, 2008 2.00% 2.25% 8–2 The FOMC cut rates by 25 basis points.

3. Money market yields are high: Why that may not last - AOL

   www.aol.com/finance/money-market-yields-high-why...

   As the Federal Reserve hiked interest rates to combat high inflation, investors have flocked to money market funds which offer returns north of 5 percent. Money market funds’ net assets reached ...

4. Yield curve - Wikipedia

   en.wikipedia.org/wiki/Yield_curve

   Yield curves are built from either prices available in the bond market or the money market. Whilst the yield curves built from the bond market use prices only from a specific class of bonds (for instance bonds issued by the UK government) yield curves built from the money market use prices of "cash" from today's LIBOR rates, which determine the ...

5. Federal funds rate - Wikipedia

   en.wikipedia.org/wiki/Federal_funds_rate

   Although this is commonly referred to as "setting interest rates," the effect is not immediate and depends on the banks' response to money market conditions. Future contracts in the federal funds rate trade on the Chicago Board of Trade (CBOT), and the financial press refer to these contracts when estimating the probabilities of upcoming FOMC ...

6. National average money market account rates for March 2024 - AOL

   www.aol.com/finance/national-average-money...

   This article provides the most up-to-date average money market account annual percentage yield, which is 0.49 percent, and insight as to why knowing the average money market account rate is important.

7. Why now is still a good time to grow your money in a ... - AOL

   www.aol.com/finance/why-now-still-good-time...

   Key takeaways. Top yields across all deposit account types are still outpacing inflation, which is currently at 2.7 percent. At least one money market yield exceeds 5 percent APY.