Federal Funds Rate 1954-2009
The graph shows the federal funds rate for the past fifty years. The peak in the 1980s reflects the contractionary monetary policy the Fed instituted to combat high levels of inflation due to oil shocks, and the low rate in the late 2000s reflects expansionary monetary policy meant to combat the effects of recession.
Source
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"Federal Funds Rate 1954 thru 2009 effective."
http://en.wikipedia.org/wiki/File:Federal_Funds_Rate_1954_thru_2009_effective.svg
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