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The agency is currently using upper ceilings set in the Housing and Economic Recovery Act of 2008.
October 18 -
The Federal Open Market Committee lowered the fed funds rate target to between zero and ¼% in an emergency meeting on Sunday, but while analysts say the move was needed, they feel it will take more to offset the effects of COVID-19.
March 16 -
Policymakers may not wait until their mid-month meeting and could act with other central banks.
March 2