• Heritage Action
  • More

Effective Federal Funds Rate Historically Misses Target

Created on December 15, 2015

Effective Federal Funds Rate Historically Misses Target

feds-policy-blunders-xzyuyxyuyu

DOWNLOAD a high-resolution version of this graphic.

Read the original report, "Fascination with Interest Rates Hides the Fed’s Policy Blunders," by Norbert J. Michel.

VIEW all graphics for this report.

Note: Figures are not seasonally adjusted. Source: Federal Reserve Bank of St. Louis, Economic Data, https://research.stlouisfed.org/fred2/graph/?graph_id=176719 (accessed December 11, 2015).

CHART 2 • IB 4500

Tags: Federal-Reserve, federal-funds-rate, monetary-policy-reforms