Last week’s emergency 0.5% reduction in the federal funds rate target was followed by corresponding reductions in the rate that Federal Reserve Banks will charge on primary and secondary credit and the rate paid on […]
Measures to add to the supply of reserves in the banking system over time will soon be announced, with a goal of ensuring ample reserves in place to deal with changes in the economy and […]
Federal Reserve Board Gov. Lael Brainard told an economic club in New York Tuesday that continued, gradual increases in the federal funds rate will likely “remain appropriate to ensure inflation rises sustainably to our target […]
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