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Aug 27, 2020 · The federal funds rate target range remained at 1.5 to 1.75 percent until March 3, 2020. Citing evolving risks to economic activity posed by the Covid-19 pandemic, the FOMC cut the target range by 50 basis points and followed up with an additional 100 basis point cut on March 15, 2020, returning the target range for the federal funds rate to ...
Jan 25, 2024 · Federal Reserve Bank: The Federal Reserve Bank is the central bank of the United States and arguably the most powerful financial institution in the world. The Federal Reserve Bank was founded by ...
Chicago Fed Staff Writer. AgLetter: May 2024. David Oppedahl. Policy Brief: Medicaid Expansion and its Effects on the Unemployed. Shanthi Ramnath. An Update on the Status of Remote Work from the <i>Chicago Fed Survey of Economic Conditions</i>. Becky Schneirov, Thomas Walstrum.
Things are always moving at the Chicago Fed. After all, it takes a lot of talented people to ensure the stability of the payment system and support the well-being of the overall economy. As colleagues, our responsibilities vary widely—from Cash and Central Bank Services to our National Customer Relations and Support Office.
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The homepage of the Federal Reserve Bank of Chicago, including recent news, upcoming events, and economic snapshot data.
