Federal Reserve Rate Decrease

Posted by:

The U.S. Federal Reserve (the Fed) had been gradually ratcheting up the federal funds rate, until it reached its December 2018 level of 2.25–2.50%. On August 1, 2019 that changed when the Fed lowered the federal funds rate by a quarter point, to 2.20–2.25%. Even though the announcement was not a huge surprise, it was the first rate decrease since the thick of the 2008 Economic Crisis. As such, the move is receiving wide media ...

Continue Reading →
0

Is Yellen Moving on Up

Posted by:

The U.S. Federal Reserve (the Fed) has held the federal funds rate at nearly zero percent, seeking to bolster an ailing economy in the aftermath of the Great Recession since December 2008. Economists agree that the position is unusual, and highly unlikely to go on forever – drastic times called for drastic measures. Then again, they’ve been agreeing on that for seven years. Each year, the Fed has had opportunities to ease into rate increases, and they ...

Continue Reading →
0