Yup---but that was the plan to stimulate the economy--the Fed has been keeping rates at essentially 0. Bernanke is the real hero that not enough folks talk about (although he did get the cover of Time Magazine a while back)Good article here explaining alot: http://www.bloomberg.com/news/2010-09-24/bernanke-says-economy-recovering-more-slowly-than-policy-makers-would-like.html