Browse and search Federal Funds Rate and more at WRKO
Adam Shapiro (Fox Business, Market Reacts To Trump Jr. & Yellen) by The Financial Exchange
Full Show 7-12-17 by The Financial Exchange
Pages & Blogs
between stocks and bonds in 1994. In 1994, the Fed had kept rates at 3 percent for three years in order to help the economy recover from the savings and loan crisis. Then the Fed unexpectedly raised the Fed funds rate by 25 basis points.
• In May, well-known hedge fund manager David Einhorn wrote an article in the Huffington Post entitled "The Fed's Jelly Donut Policy." In the article he compared the Federal Reserve's easy monetary policy to eating jelly donuts: at first the donuts taste good but the more a person eats the worse he ...
panicking as the global economy cooled. In response to the sharp decline in global financial markets, the Federal Reserve held an emergency meeting on that Monday and decided to lower the federal funds rate by 75 basis points (0.75 percent).