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Short-Term Interest Rate Trend

Created on December 15, 2015

Short-Term Interest Rate Trend

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

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

CHART 3 • IB 4500

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