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A Short History Of Fed Rate Cuts: 1960-2019

FYI: Testifying before the House Financial Services Committee last week, Fed Chair Jerome Powell hinted that the Federal Reserve may cut short-term interest rates when they meet again later this month.

A rate cut wouldn't be anything new in terms of history but it has been a long time since the Fed last lowered their short-term interest rate. Since 1960, the Federal Reserve has cut the Fed Funds Rate nearly 140 times. That's good enough for roughly 23 times per decade. But there hasn't been a single rate cut this decade:
Regards,
Ted
https://fortune.com/2019/07/16/a-short-history-of-fed-rate-cuts/?utm_source=Daily+AR&utm_campaign=ce0360a0bb-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c08a59015d-ce0360a0bb-144127017
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