Federal Funds Rate
Latest Posts
Fed Makes Emergency Cut to Key Interest Rate; Futures Tumble
Jan 22, 2008The Federal Reserve on Tuesday morning made an emergency 75 basis point cut to the key Federal Funds target rate amid fresh concerns that the U.S. economy was moving headlong into a recession. The target rate now stands at 3.5 percent. The Fed also lowered its discount rate by 75 basis points to 4 percent.
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Merrill Lynch’s Rosenberg: “The Fed is Too Late”
Oct 29, 2007 -
Fed Drops Target Rate 50 Basis Points
Sep 18, 2007 -
Fed Cuts Discount Rate
Aug 17, 2007
