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Federal Reserve Press Release
Wednesday, April 29, 2020 in Press
The Federal Reserve left rates unchanged at its April policy meeting, while its statement addressed the dramatic deterioration of the economic outlook since their last meeting in March and made clear they are “committed to using its full range of tools to support the U.S. economy in this challenging time.” The committee kept the interest rate paid on required and excess reserves unchanged at 0.10%.
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Recent News
In this edition of the IMET Participant Spotlight, we feature St. Clair County Treasurer Andy Lopinot, who shares how the county has utilized IMET for several years to keep its investments safe, liquid, and competitive while strengthening its long-term financial strategy.
IMET Participant Spotlight: St. Clair County
Read moreClick on the link below to read the latest IMET Monthly Newsletter:
IMET November 2025 - Monthly Newsletter
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Market Overview and IMET Performance - Fall 2025
Read moreThis article explains the Federal Reserve’s October 29, 2025, 0.25% rate cut to a 3.75%–4.00% target range—the second cut of the year—signaling a gradual easing path amid policy uncertainty, with balance sheet runoff ending December 1 to support liquidity.
Fed Eases Rates Again — What It Means for Public Funds Investors
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