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Effective Federal Funds Rate, 1954-2017 [JSON] [iframe]

Chart uploaded on August 9, 2017.

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The federal funds rate remains historically low, despite recent increases, making it cheap to borrow and difficult to save in conventional savings accounts. Many smart people worry that such a low federal funds rate will eventually push too much money into the stock market, which will lead to a significant market correction.

Data Source: Board of Governors of the Federal Reserve System (US), Effective Federal Funds Rate [FEDFUNDS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FEDFUNDS, August 9, 2017.

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