Tag Archives: federal funds interest rate

Federal Reserve capitulates again

Posted on March 28, 2019 by Pat Heller

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 →

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Federal Reserve capitulates

Posted on February 7, 2019 by Pat Heller

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 →

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