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“Fed Funds Rate”

A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition)

The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy â??has continued to strengthenâ?, that the jobs markets is getting better, and that financial markets are supportive of growth.