#fedfunds — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #fedfunds, aggregated by home.social.
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US banks secure $164.8B in Fed's backstop funds, signalling potential stress. Regulators seize Silicon Valley & Signature Banks. Record borrowing surpasses 2008 crisis levels. #BankingStress #FedFunds #RecordBorrowing #Economy #Finance https://www.bloomberg.com/news/articles/2023-03-16/banks-rush-to-backstop-liquidity-borrow-164-8-billion-from-fed?leadSource=uverify%20wall
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“The fed funds rate began the decade at a target level of 14 percent in January 1980. By the time officials concluded a conference call on Dec. 5, 1980, they hiked the target range by 2 percentage points to 19-20 percent, its highest ever.”
https://www.bankrate.com/banking/federal-reserve/history-of-federal-funds-rate/
#CarterAdministration #interestrates #fedfunds #inflation #unemployment #economy #bankrate
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“The fed funds rate began the decade at a target level of 14 percent in January 1980. By the time officials concluded a conference call on Dec. 5, 1980, they hiked the target range by 2 percentage points to 19-20 percent, its highest ever.”
https://www.bankrate.com/banking/federal-reserve/history-of-federal-funds-rate/
#CarterAdministration #interestrates #fedfunds #inflation #unemployment #economy #bankrate