> If a Fed Funds rate of 2.25% is strangling the economy, then it couldn’t have been very robust to begin with. <
The average Fed Funds rate is around 4.8%. But everyone is getting all worked up about a rate that is less than half of that. So yeah, you might be right.
The average Fed Funds rate is around 4.8%. But everyone is getting all worked up about a rate that is less than half of that. So yeah, you might be right.
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Let’s lower your salary to the average over your lifetime.