Friday, July 30, 2010
Double-Dip Recession
Double-dip recession is still a rare occurrence. It has happened only once in the last seventy years: 1980-82. However, that might be due to strict monetary policy, according to many financial experts, pursued by then-policymakers of the Federal Resrve.
Sunday, July 18, 2010
Federal Reserve Open Market Committee Meeting
Fed policymakers left the federal funds rate unchanged during their June FOMC meeting (June 22-23, 2010). The rate is currently between zero and 0.25%.
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