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 3 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][3] statement is dated 15 March 2020 and marked for release at 5:00 p.m. EDT, an unscheduled meeting called as the pandemic's effects on markets deepened.
The FOMC lowered the federal funds target range by 1 percentage point to 0.00%-0.25% on 15 March 2020 at an unscheduled meeting, by a 9-1 vote.
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