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To: Toddsterpatriot

:-) What is the purpose of ZIRP Todd and when did the federal funds rate rise?


10 posted on 11/01/2015 5:19:39 PM PST by jwalsh07 (.)
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To: jwalsh07
What is the purpose of ZIRP

Interest rates aren't zero. No one borrows from the Fed at zero.

when did the federal funds rate rise?

The Fed Funds rate last changed in December 2008.

13 posted on 11/01/2015 6:05:53 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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