Monday, November 23rd, 2009

Posts Tagged ‘ Fed Funds Target Rate ’

Fed Slashes Interest Rates, but Now What?

Dec 17th, 2008 | By Mike Caggeso | Category: Financial News

As expected, U.S. Federal Reserve policymakers slashed a benchmark interest rate yesterday (Tuesday). But they cut it by a bigger-than-expected amount, and did so in an unconventional manner.