March 10, 2020
Fed lowers rate due to coronavirus
In order to prevent the coronavirus from hurting the U.S. economy, the Fed lowered its central rate to a range of 1% to 1.25%
December 17, 2019
FOMC announces federal funds rate is not changing
The federal funds rate will remain the same moving into 2020, as announced by the FOMC on Wednesday.
November 4, 2019
Fed makes third rate cut of 2019, but pause lies ahead
The Fed cut its benchmark interest rate in October, the third reduction of 2019. Yet a pause in any similar further action lies ahead.
September 23, 2019
Fed lowers rate, faces growing policy divide
The Fed lowered its benchmark rate to between 1.75 and 2% in its September meeting.
