The Federal Open Market Committee decided today to keep its target for the federal funds rate unchanged at 1-1/4 percent.
The Federal Open Market Committee decided today to lower its target for the federal funds rate by 50 basis points to 1 1/4 percent. In a related action, the Board of Governors approved a 50 basis point reduction in the discount rate to 3/4 percent.
Explore the connection between the economic indicators and real-world issues. These lessons typically can be done in one class period.