Search results
Results From The WOW.Com Content Network
The Federal Reserve interest rate is a vital part of that policy. ... Fed Chair Jerome Powell reiterated the FOMC’s commitment to achieving maximum employment and a 2% inflation rate over the ...
Since adopting a new approach to U.S. monetary policy weighted towards ensuring a strong labor market, Federal Reserve officials have been reluctant to define key terms like "maximum employment ...
The U.S. Congress has established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. Because long-term interest rates remain moderate in a stable economy with low expected inflation, the last objective will be fulfilled automatically together ...
WASHINGTON (Reuters) -Since adopting a new approach to U.S. monetary policy weighted towards ensuring a strong labor market, Federal Reserve officials have been reluctant to define key terms like ...
In an unscheduled meeting on August 17 the Fed "temporarily" reduced the spread between the primary credit rate and the federal funds rate to 50 basis points from the 100-point spread established in January 2002. Official statement, 2007-08-07, Official statement, 2007-08-10, Official statement, 2007-08-17. August 7, 2007 5.25% 6.25% 10–0
On March 15, 2020, the target range for Federal Funds Rate was 0.00–0.25%, [14] a full percentage point drop less than two weeks after being lowered to 1.00–1.25%. [15] In light of the 2021–2022 global inflation surge, the Federal Reserve has raised the FFR aggressively. In the latter half of 2022, the FOMC had hiked the FFR by 0.75 ...
The Federal Reserve is the central bank of the U.S. and is responsible for setting monetary policy and promoting maximum employment, stable prices and financial stability.
Federal Reserve Economic Data (FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 816,000 economic time series from various sources. [1]