Search results
Aug 15, 2023 · The Covid-19 recession started in February 2020 and lasted just two months, ending in April. Unemployment reached a record high of 14.7% and GDP fell by 3.4%. The Federal Reserve intervened by...
- Kelly Anne Smith
Jun 24, 2022 · What is a recession, and when is the next one going to begin? Recessions since World War II have lasted just over 10 months each, on average. The last one, which began in 2020, lasted just two...
Jun 8, 2020 · As the global financial crisis sent the economy plunging into a deep recession, the Fed cut its federal funds target from 5.25 percent in the late summer of 2007 to essentially zero by the end of 2008, where it remained until late 2015.
Mar 17, 2020 · With the rising likelihood of a recession caused by the coronavirus outbreak, lawmakers have begun talking about remedies that will sound familiar to anyone who lived through the Great Recession of...
Jun 14, 2021 · The contraction in the U.S. seemed to end quickly in April 2020, but the committee charged with determining an endpoint has been quiet.
Shows the daily level of the federal funds rate back to 1954. The fed funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis.
Jun 21, 2024 · Current and historical mortgage rate charts showing average 30-year mortgage rates over time. See today's rates in context.
