what is the meaning of "Reducing the rate to a range of 0 to 0.25" ?sounds strange?? means slash 0.75 - 1,, like 0.8? 0.9?
usually FED only set a target rate, and the actual traded rates
are very close to this target. however, this timei s different, the actual rates dropped much lower than target rates: last 2 weeks, the Fed Fund Rate was about 0.1%, which is much lower than the 1%.
so, FED in fact should set 0% if it listens or not wanna hurt market. but 0% is really too historical, i guess there may be side effect for it....so FED set a range, instead of a fixed number.
so, FED in fact should set 0% if it listens or not wanna hurt market. but 0% is really too historical, i guess there may be side effect for it....so FED set a range, instead of a fixed number.
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