Pretty sure it was at 0% for all those years, because, they’re political.
I am asking why the fed kept the rate at zero for all the Obama years if that’s actually bad for the recovery? I agree it seems like someone was directing them thinking incorrectly it would stimulate. But the Fed would know better, wouldn’t it? Kind of makes it seems like the Fed worked against Obama, which I find hard to believe.
And under Obama the Fed added to the 0% interest rates massive quantitative easing and the economy was still in the dumper.