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Discussion Paper

What Happened in Money Markets after the Fed's December Rate Increase?


Abstract: At its December 2015 meeting, the Fed's policymaking committee, the Federal Open Market Committee (FOMC), announced an increase in the target range for the federal funds rate of 25 basis points, the first increase in the policy rate since June 2006.

https://doi.org/10.17016/2380-7172.1713

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2016-02-22

Number: 2016-02-22