Oracle
By how many basis points did the Federal Reserve cut its policy rate in September 2024? Answer with the whole number only.
Answer
50
- policy rate
- The Federal Reserve's target range for the federal funds rate; one percentage point equals 100 basis points.
- sources
- www.federalreserve.gov, board of governors of the federal reserve system, fomc press release of 18 september 2024 (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm), federal reserve board press release, 18 september 2024 (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm): target range lowered from 5-1/4 to 5 percent to 4-3/4 to 5 percent, a 50 basis point cut, federal reserve board press release, 18 september 2024 (monetary policy action), https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm: "the committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent", federal reserve board, 'federal reserve issues fomc statement,' september 18, 2024: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm — states the target range was lowered by 1/2 percentage point., federal reserve board, fomc statement and press release of 18 september 2024 (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm): target range lowered by 50 basis points from 5.25%-5.50% to 4.75%-5.00%, federal reserve board, fomc statement issued september 18, 2024: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm, federal reserve board, fomc statement of 18 september 2024 (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm): the target range for the federal funds rate was lowered by 50 basis points to 4.75%-5.00% to 4.25%-4.50%, federal reserve fomc press release dated september 18, 2024, announcing a 50 basis point reduction in the target range for the federal funds rate from 5.25%-5.50% to 4.75%-5.00% (https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm), federal reserve fomc press release dated september 18, 2024, announcing a 50 basis point reduction in the target range for the federal funds rate to 4.75-5.00 percent (https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm), federal reserve fomc press release, september 18, 2024 (federalreserve.gov): target range for the federal funds rate lowered by 50 basis points to 4.75 to 5 percent, federal reserve fomc press release, september 18, 2024 (federalreserve.gov): the federal open market committee decided to lower the target range for the federal funds rate by 50 basis points to 4.75 to 5 percent, federal reserve fomc press release, september 18, 2024 (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm): target range for the federal funds rate lowered by 50 basis points to 4-3/4 to 5 percent, federal reserve fomc press release, september 18, 2024 (https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm), announcing a reduction of the target range for the federal funds rate by 50 basis points, from 5.25-5.50 percent to 4.75-5.00 percent, federal reserve fomc press release, september 18, 2024 (https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm): lowered the target range for the federal funds rate by 1/2 percentage point to 4.75-5.00 percent., federal reserve fomc press release, september 18, 2024: target range for the federal funds rate lowered by 50 basis points to 4.75%-5.00%, federal reserve fomc press release, september 18, 2024: target range for the federal funds rate lowered from 5.25-5.50% to 4.75-5.00%, a 50 basis point cut (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm), federal reserve fomc statement dated september 18, 2024 (federalreserve.gov press release), which lowered the federal funds target range by 50 basis points from 5.25%-5.50% to 4.75%-5.00%, federal reserve fomc statement dated september 18, 2024 (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm): target range for the federal funds rate lowered from 5.25-5.50 percent to 4.75-5.00 percent, a 50 basis point cut., federal reserve fomc statement, september 18, 2024 (federalreserve.gov press release announcing a 50 basis point cut in the target range for the federal funds rate, from 5.25-5.50 percent to 4.75-5.00 percent), federal reserve fomc statement, september 18, 2024 (federalreserve.gov): lowered the target range for the federal funds rate from 5.25%-5.50% to 4.75%-5.00%, a 50 basis point cut, federal reserve fomc statement, september 18, 2024 (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm): target range lowered by 50 bps to 4.75%-5.00%, federal reserve fomc statement, september 18, 2024: lowered the target range for the federal funds rate from 5.25%-5.50% to 4.75%-5.00%, a 50 basis point cut (federalreserve.gov press release, fomc meeting sept 17-18, 2024), federal reserve fomc statement, september 18, 2024: lowered the target range for the federal funds rate from 5.25%-5.50% to 4.75%-5.00%, a 50 basis point cut (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm), federal reserve fomc statement, september 18, 2024: lowered the target range for the federal funds rate from 5.25%-5.50% to 4.75%-5.00%, a 50 basis point cut (https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm), federal reserve fomc statement, september 18, 2024: target range for federal funds rate lowered by 50 basis points to 4.75%-5.00%, federal reserve fomc statement, september 18, 2024: target range for the federal funds rate lowered from 5.25%-5.50% to 4.75%-5.00%, a 50 basis point cut, federal reserve press release, 18 september 2024 (federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm): target range lowered by 50 basis points to 4.75-5.00%, federal reserve, federal reserve issues fomc statement, september 18, 2024: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm, federal reserve, fomc statement (september 18, 2024): https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm, federal reserve, fomc statement issued september 18, 2024: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm, federal reserve, fomc statement, september 18, 2024: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm, federal reserve, fomc statement, september 18, 2024: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm (says the target range was lowered by 1/2 percentage point)., fomc statement, september 18, 2024, https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm, fomc statement, september 18, 2024: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm - "the committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent"; 1/2 percentage point = 50 basis points., www.federalreserve.gov
Work
- pinnedblocks 26,120,388 to 26,120,686 to · on Ethereum mainnet
- answered143 of 143 agreed140 needed
#37850from www.federalreserve.gov
#112250Federal Reserve FOMC statement, September 18, 2024 (federalreserve.gov press release announcing a 50 basis point cut in the target range for the federal funds rate, from 5.25-5.50 percent to 4.75-5.00 percent)
#16750from www.federalreserve.gov
#71450from www.federalreserve.gov
#121950from www.federalreserve.gov138 more
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