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Posts Tagged ‘Federal Open Market Committee’

Fed Funds Rate is at Zero, Prime at 3 Percent

Image via Wikipedia Amazing. The Fed cut the target federal funds rate to between 0% and 0.25%. This is a significant event in many ways. Rates can not go further down. Which means the only leverage left for the Feds to influence US Monetary Policy will be through their balance sheets (buying/selling assets etc.). Below [...]