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02-18-2023, 12:21 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
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Quote:
Originally Posted by Vermilion Villager
Not going to be getting myself in jail for being political but I believe the time you were referring to is 2018 to 2020. I seem to recall a lot of "tweets" by a particular individual strong arming the Fed chair to keep the rates low… It just so happened there was an election on the horizon at the same time. Hmmmm.......
Pretty sure history will too put this in the proper perspective.  |
This graph shows the fed rate was brought way, way down in 2009 - historical lows? - and was held there until late 2015, early 2016 when it started to be brought back up into a more normal range. Then it was brought back down to almost nothing again in 2020. Federal Funds Effective Rate (FEDFUNDS) | FRED | St. Louis Fed
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