Publisher
Federal Reserve System: Board of Governors: Federal Open Market Committee (FOMC)
Media Date
10-29-2008
Media Type
Document
Content Type
Press Release
Country/Region
United States
Language
English
Crisis
Global Financial Crisis (2007-2009)
Case Series
The Federal Reserve's Financial Crisis Response
Intervention
Asset Purchase Program
Additional Information
Federal Open Market Committee decision to lower its target for the federal funds rate 50 basis points to 1 percent.
Recommended Citation
Federal Reserve System: Board of Governors: Federal Open Market Committee (FOMC), "FOMC Statement October 29, 2008" (2008). Documents. 1075.
https://elischolar.library.yale.edu/ypfs-documents/1075
COinS