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The effective federal funds rate over time, through December 2023. This is a list of historical rate actions by the United States Federal Open Market Committee (FOMC). The FOMC controls the supply of credit to banks and the sale of treasury securities. The Federal Open Market Committee meets every two months during the fiscal year.
The Federal Open Market Committee (FOMC) is a committee within the Federal Reserve System (the Fed) that is charged under United States law with overseeing the nation's open market operations (e.g., the Fed's buying and selling of United States Treasury securities). [1] This Federal Reserve committee makes key decisions about interest rates and ...
When's the next Federal Reserve meeting? The FOMC
Jackson Hole Economic Symposium
At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an eighth ...
Jeff Cox, CNBC. August 21, 2024 at 3:49 PM. The Marriner S. Eccles Federal Reserve building in Washington in June. Federal Reserve officials at their July meeting moved closer to a long-awaited ...
Bank of Canada
May 19, 2023 at 1:04 PM. ... The Fed's 0.25% interest rate increase on May 3 marked the 10th-straight meeting the central bank raised rates.