Marriner S. Eccles Federal Reserve Board Building, 20th St & Constitution Ave NW, Washington, DC
Federal Reserve
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins93% CONFIDENCEOverall confidence: 93%How well the pin's source and references back up its dates.Weighted average of how firmly 2 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterThe Federal Reserve's[1][2] statement is dated 3 March 2020 and marked for release at 10:00 a.m. EST, an action taken between scheduled meetings.
The FOMC lowered the federal funds target range by 1/2 percentage point to 1.00%-1.25% on 3 March 2020 at an unscheduled meeting, with every voting member in favour.
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