Friday, September 26, 2008
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WATCHING THE FED
Recent history of the Fed’s policy committee and its Fed Funds rate …
• January 30, 2008
CUT half point to 3.00%
• January 22, 2008
EMERGENCY CUT three-quarter points to 3.50%
• December 11, 2007
CUT quarter point to 4.25%
• Oct. 31, 2007
CUT quarter point to 4.5%
• Sept. 18, 2007
CUT half point to 4.75%
• June 29, 2006
UP quarter point to 5.25%
• May 10, 2006
UP quarter point to 5%
• March 28, 2006
UP quarter point to 4.75%
• January 31, 2006
UP quarter point to 4.5%
• January 30, 2008
CUT half point to 3.00%
• January 22, 2008
EMERGENCY CUT three-quarter points to 3.50%
• December 11, 2007
CUT quarter point to 4.25%
• Oct. 31, 2007
CUT quarter point to 4.5%
• Sept. 18, 2007
CUT half point to 4.75%
• June 29, 2006
UP quarter point to 5.25%
• May 10, 2006
UP quarter point to 5%
• March 28, 2006
UP quarter point to 4.75%
• January 31, 2006
UP quarter point to 4.5%
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