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Category Archives: Federal Funds Rate (FOMC)

Federal Funds Rate Announcement (FOMC) - April 30, 2008

30-Apr-08

Federal Funds Rate: 2.00%
Discount Rate: 2.25%

The Federal Open Market Committee decided today to lower its target for the federal funds rate 25 basis points to 2 percent.
In a related action, the Board of Governors unanimously approved a 25-basis-point decrease in the discount rate to 2-1/4 percent.
The substantial easing of monetary policy to date, combined with [...]

Federal Funds Rate Announcement (FOMC) - March 18, 2008

19-Mar-08

Federal Funds Rate: 2.25%
Discount Rate: 2.5%

The Federal Open Market Committee decided today to lower its target for the federal funds rate 75 basis points to 2-1/4 percent..
In an action Sunday, the Federal Reserve lowered the discount rate by 25 basis points, then lowered it 75 basis points today.
The discount rate is now only 25 basis [...]

Federal Funds Rate Announcement (FOMC) - January 30, 2008

31-Jan-08

Federal Funds Rate: 3%
Discount Rate: 3.5%

The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 3%.
This is in addition to a decision by the FOMC to lower the rate 75 basis points between meetings.
In a related action, the Board of Governors unanimously approved a 50-basis-point [...]

Federal Funds Rate Announcement (FOMC) - December 11, 2007

11-Dec-07

The Federal Open Market Committee decided today to lower its target for the federal funds rate 25 basis points to 4-1/4 percent.
In a related action, the Board of Governors unanimously approved a 25-basis-point decrease in the discount rate to 4-3/4 percent.
In this context, the Committee judges that some inflation risks remain, and it will continue [...]

Federal Funds Rate Announcement (FOMC) - October 31, 2007

31-Oct-07

The Federal Open Market Committee decided today to lower its target for the federal funds rate 25 basis points to 4-1/2 percent.
In a related action, the Board of Governors unanimously approved a 25-basis-point decrease in the discount rate to 5 percent.
The Committee judges that, after this action, the upside risks to inflation roughly balance [...]

Federal Funds Rate Announcement (FOMC) - August 7, 2007

07-Aug-07

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent.
Although the downside risks to growth have increased somewhat, the Committee’s predominant policy concern remains the risk that inflation will fail to moderate as expected. Future policy adjustments will depend on the outlook for both inflation and [...]