// todo need optimize like in event.jsp. Add indexing or not indexing this page. Federal Reserve lower interest rates (sep 1, 2007 – dec 31, 2007) (Timeline)

Federal Reserve lower interest rates (sep 1, 2007 – dec 31, 2007)

Description:

In September, the Fed began lowering interest rates. By the end of the year, the fed funds rate was 4.25 percent. But the Fed didn't drop rates far enough, or fast enough, to calm markets.