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Tag Archives: FOMC

Fed Increases Interest Rate by 75 Basis Points

On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points to a rate of 0-0.25%.  But now, in light of ...

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Fed Raises Nominal Interest Rate by 0.75%

Fed Rate

Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of inflation since the 80s.  To put that another way, this is the ...

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The Week Ahead: Checking in With the Fed

Federal Reserve

On Thursday, July 5, at 2 p.m. ET, the Fed will release the minutes covering the most recent meeting of the Federal Open Market Committee, which convened last month on June 13. Here's what else is happening in The Week Ahead.

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