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FOMC Voting Changes Sees Slightly More Dovish Fed for 2021 - Vimarsana News

FOMC Voting Changes Sees Slightly More Dovish Fed for 2021

FOMC Voting Changes Sees Slightly More Dovish Fed for 2021 2020-12-31 10:45:00 Justin McQueen, Analyst 2020 FOMC RECAP Advertisement 2020 FOMC RECAP In response to the coronavirus crisis, which led to a global economic downturn, the Federal Reserve had stepped in with several actions to stem the economic hit from the global pandemic. Interest Rates: During March in two unscheduled meetings on March 3rd and 15th, the Federal Reserve lowered the Feds Fund Rate by 150bps to 0.00-0.25%, adding that the “rat...