The Federal Reserve Board (the "Fed") seldom does anything newsworthy, but recently it did just that. It lowered its "target range" for something known as "the federal funds rate" by one half of one ...
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Fed lowers reverse repo rate by 30 basis points Fed reverse repo rate now 4.25%, matching low end of fed funds range Analyst expect Fed tweak to flush cash from reverse repo facility Dec 18 (Reuters) ...
Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.