Watch FOMC Rewind: What the Fed’s July 2020 Decision Means for You
The ongoing COVID-19 pandemic continues to pose risks to public health and the economic outlook. In the latest Federal Open Market Committee meeting, the Fed decided to maintain the target range for the federal funds rate at 0 to ¼ percent.
What does all of that mean and how does it affect you? Our FOMC Rewind video series breaks it down.
Let’s rewind for a sec. Need a quick explainer on what the Fed has to do with #interestrates? Or how interest rate decisions affect the average person? Find out from our #FOMCRewind video series—over text!#EconTwitter #SFFedResearch pic.twitter.com/9egTKboR7M— San Francisco Fed (@sffed) July 31, 2020
July 2020 FOMC decision
The views expressed here do not necessarily reflect the views of the management of the Federal Reserve Bank of San Francisco or of the Board of Governors of the Federal Reserve System.