In response to the financial crisis, the Fed lowered the federal funds target to 0%.

Name: In response to the financial crisis, the Fed lowered the federal funds target to 0%.
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This is true. In response to the financial crisis of 2008, the Federal Reserve lowered the federal funds target rate to a range of 0% to 0.25% in an effort to stimulate economic growth and prevent the economy from falling into a deeper recession.

In Response to the Financial Crisis, the Fed Lowered the Federal