In 2008, at the depth of the great recession, the fed moved toward a zirp policy when it aimed to keep the federal funds rate between: 2.5% and 3.0% 2% and 2.5% 1.0% and 1.25% 0 and 0.25%

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3 September, 07:52

In 2008, at the depth of the great recession, the fed moved toward a zirp policy when it aimed to keep the federal funds rate between: 2.5% and 3.0% 2% and 2.5% 1.0% and 1.25% 0 and 0.25%

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Dominic Booker · Answer 1

The Fed, America's national bank, last brought rates up in June of 2006, by 25 premise focuses to 5.25%. It soon ended up turning around course, as a lodging bust offered route to the Great Recession; since December of 2008, the Fed's benchmark financing cost has been set at in the vicinity of 0.0% and 0.25%.