|
|
Article: A week after its 75-point drop in the federal funds rate
- Article from:
- Bank News
- Article date:
- March 1, 2008
- Author:
-
|
Copyright informationCopyright Bank News, Inc. Mar 2008. Provided by ProQuest LLC. (Hide copyright information)
|
A week after its 75-point drop in the federal funds rate, the Federal Open Market Committee in its scheduled January meeting lowered its target rate another 50 basis points to 3 percent.
In its statement, the FOMC said, "Financial markets remain under considerable stress, and credit has tightened further ...
Related newspaper, magazine, and journal articles:
|