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The Long History of Short Term Interest Rates

| May 30, 2017
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After years of holding the federal funds rate at near-zero as an economic stimulant, the Federal Open Market Committee in December 2016 nudged its target rate up a quarter point between .50% and .75%, only the second increase since 2006 and still low by historical standards.   What does all of this mean?

Read more:  The Long History of Short Term Interest Rates

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