This article provides an impact assessment of the FOMC October 29/30 2019 meeting and a possible reduction in the Federal Funds Rate to 1.75% from 2%
The chart below shows the current FFR situation.
The Federal Reserve lowered the target range for the federal funds rate to 1.75-2 percent during its September meeting, the second rate cut since the financial crisis, as inflation remains subdued amid heightened concerns about the economic outlook and ongoing self made trade tensions with China.
Most likely the new target range will be 1.5% to 1.75% with adjustment to other