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Post# of 113999
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wadegarret

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wadegarret

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Re: Mermelstein post# 72032

Thursday, 05/07/2020 8:53:49 PM

Thursday, May 07, 2020 8:53:49 PM

Post# of 113999
Mermel, fed funds rate zero in 2008

The markets kept going down, despite the move, and in fact fell almost 60% by early 2009. The feds kept lowering the rate till it hit zero. Other than now, that was the only other time they did that. Fighting the fed was the right move then...
https://www.thebalance.com/fed-funds-rate-history-highs-lows-3306135#lowest-fed-funds-rate
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