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It's gone higher: > The fed funds rate began the decade at a target level of 14 percent in January 1980. By the time officials concluded a conference call on D
by throwoutway 3y ago
It's gone higher:
> The fed funds rate began the decade at a target level of 14 percent in January 1980. By the time officials concluded a conference call on Dec. 5, 1980, they hiked the target range by 2 percentage points to 19-20 percent, its highest ever.
https://www.bankrate.com/banking/federal-reserve/history-of-federal-funds-rate/ https://www.bankrate.com/banking/federal-reserve/history-of-...