Central bank rate changes on 29 Oct 2008

On 29 Oct 2008, one central bank we track changed its policy rate: the Federal Reserve cut its Federal funds target range by 50 bp to 1.00 %.

Changes

Set by	Rate	Change
Federal Reserve · United States	1.00 %	↓ cut −50 bp

Dates are the day a new rate took effect. Some banks announce a few days earlier; the announcement date is shown where we know it.