Translation/Meaning of "the Fed had dropped Fed Funds to a new X.XX% target rate" — Japanese-English & English-Japanese Economics & Financial Translation Dictionary

the Fed had dropped Fed Funds to a new X.XX% target rate [1 entry]

the Fed had dropped Fed Funds to a new X.XX% target rate Ｇ経 FRBはFF金利の誘導目標をX.XX％に引き下げたＧ経経