
Finance News
How Does the Federal Reserve Actually Set Interest Rates?
Not by decree but by corridor: a target range, an administered rate, and a quarter-trillion-dollar plumbing operation that runs every night.
Corporate activity with sector consequences: mergers, plant openings and closures, capital spending commitments, restructurings and management changes.

Not by decree but by corridor: a target range, an administered rate, and a quarter-trillion-dollar plumbing operation that runs every night.