Jerome Hayden Powell31 July 2019
The Federal Open Market Committee lowers the federal funds target range by one-quarter percentage point to 2.00 to 2.25 percent, its first rate reduction since the financial crisis period.
United States of America · Economy / Federal Reserve. Chronological records rendered directly from the World History Database.
The Federal Open Market Committee lowers the federal funds target range by one-quarter percentage point to 2.00 to 2.25 percent, its first rate reduction since the financial crisis period.
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.