Friday, August 19, 2011

Fed Funds Rate

It is becoming increasingly hard to fathom that the federal funds rate once peaked at 20.06% in January of 1981, the year of my parents' graduation from the University of Pennsylvania. Approximately 30 years later, on the date of my own graduation from Penn, the discount rate sat at a near-zero 0.09%.

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see: historical interest rate data in spreadsheet form from FRB

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