Wednesday, November 19, 2008

A Very Good Chart and Data of the Federal Funds Rate

Here is a very good chart of the Federal Funds rate - with numerical data as well - and the trends.
When people talk about the Fed raising or reducing rates - this is the rate they are referring to.

You can see that though the Fed funds rate increased in all of 2005 -- Ben kept the rate increasing throughout 2006 - even when it was apparent that housing was tanking.

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