December 16, 2020
At its Dec. 15-16 meeting, the Federal Open Market Committee (FOMC) decided to once again maintain the federal funds rate within a target range of between 0% and 0.25%.
November 30, 2020
An examination of how a negative interest rate operates, and how it impacts the economy, including consumers, small-business owners and those saving for retirement.
November 9, 2020
During its Nov. 4-5 meeting, the Federal Open Market Committee (FOMC) voted unanimously to maintain the federal funds rate at 0.10%.
March 25, 2020
The FOMC lowered its federal funds rate to a range of zero to .25% in an effort to combat the severe impact COVID-19 is having on the economy.
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