Janet Louise Yellen16 December 2015
The Federal Open Market Committee raises the federal funds target range to 0.25 to 0.50 percent, the first increase after seven years near zero and an important step in the normalization of monetary policy.
United States of America · Economy / Federal Reserve. Chronological records rendered directly from the World History Database.
The Federal Open Market Committee raises the federal funds target range to 0.25 to 0.50 percent, the first increase after seven years near zero and an important step in the normalization of monetary policy.
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by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.