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Conditions During Recession: Difference between revisions
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== FED easing conditions == | |||
=== 2019 rate cuts <ref>https://www.cnbc.com/2019/07/31/fed-cuts-rates-by-a-quarter-point.html</ref> === | |||
In July 31, 2019 the fed decided to start a series of rate cuts, their reason was weak global growth and the US-China trade war that had been disruptive for the world economy and had an impact on growth in America. The committee called the current state of growth “moderate” and the labor market “strong,” but decided to loosen policy anyway. They did 2 more rate cuts in 2019 after this one, and when COVID emergency hit, they took the fed funds rate to the zero bound again. | |||
Along with the rate cut, the committee decided to end the reduction of bonds it is holding on its balance sheet. | |||
=== 2007 rate cuts === | |||
=== 2000 rate cuts === | |||
== References == | == References == | ||