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2.25% 10-0 The FOMC left rates unchanged the day after the Bankruptcy of Lehman Brothers. Official Statement: August 5, 2008 2.00% 2.25% 10–1 The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent. Official statement: April 30, 2008 2.00% 2.25% 8–2 The FOMC cut rates by 25 basis points.
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
~1 year ~5 years −18.4% — Interest rates rose in this period, contributing to a decrease in railroad investment. Security prices fell during this period. With the exception of falling business investment, there is little evidence of contraction in this period. [1] Panic of 1857: June 1857 – December 1858 1 year 6 months 2 years 6 months ...
January 22, 2008: The US Federal Reserve cut interest rates by 0.75% to stimulate the economy, the largest drop in 25 years and the first emergency cut since 2001. [113] January 2008: U.S. stocks had the worst January since 2000 over concerns about the exposure of companies that issue bond insurance. [114]
The average rate on the 30-year fixed mortgage was 7.18% last week after surging to 7.24% the week prior. Here's why 7% mortgage rates are so much worse for buyers now than 20 years ago [Video ...
Interest Rates US 10-YR / 2-YR Spread W TB3MS: Banking Interest Rates 3-Month T-Bill: Secondary Market Rate W DGS10: Banking Interest Rates 10-Yr Treasury Const. Maturity Rate W GFDEBTN: Business/Fiscal Federal Government Federal Government Debt (Public) Y FYOINT: Business/Fiscal Federal Government Interest on National Debt Y FYONET: Business ...