Tag Archives: federal funds interest rate

Federal Reserve capitulates again

On Sept. 20, 2017, the Federal Open Market Committee announcement included an unusual statement in its next-to-last paragraph: “In October the Committee will initiate the balance sheet normalization process described in June 2017 Addendum to the Committee’s Policy Normalization Principles … Continue reading

Posted in Articles, General News, News | Tagged , , , , , | Leave a comment

Federal Reserve capitulates

Thirty-seven months ago, the Federal Open Market Committee raised the federal funds interest rate from zero to one-fourth of a percent, the first rate change in seven years. It also announced that it would impose a series of interest rate … Continue reading

Posted in Articles, General News, News | Tagged , , , , , , | Leave a comment