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When did the FED last lower interest rates?

source would be nice, thanks

2006-11-13 11:24:33 · 1 answers · asked by . 4 in Business & Finance ➔ Investing

1 answers

The prime rate was last lowered from 2 1/4 % to 2% on 6/25/2003. The federal funds rate target was lowered on the same day to 1% from 1.25%.

2006-11-13 16:37:45 · answer #1 · answered by Y Answerer 6 · 0⤊ 0⤋

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