| Meeting date | Rate change | Target & target range |
|---|---|---|
| Sept. 18, 2007 | -50 basis points | 4.75 percent |
| Oct. 30-31, 2007 | -25 basis points | 4.5 percent |
| Dec. 11, 2007 | -25 basis points | 4.25 percent |
| Jan. 22, 2008: Emergency meeting | -75 basis points | 3.5 percent |
| Jan. 29-30, 2008 | -50 basis points | 3 percent |
| March 18, 2008 | -75 basis points | 2.25 percent |
| April 29-30, 2008 | -25 basis points | 2 percent |
| Oct 8, 2008: Emergency meeting | -50 basis points | 1.50 percent |
| Oct. 28-29, 2008 | -50 basis points | 1 percent |
| Dec. 15-16, 2008 | -100 to 75 basis points | 0-0.25 percent |
| Source: Fed’s board of governors |
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