Economist Perspective: Are 2% Rates the New Zero?

Economist Perspective: Are 2% Rates the New Zero?

After the Great Recession of ’08, the Fed pushed rates to near zero for the better part of a decade, then down to near zero during the COVID-19 pandemic. Are there lessons from these extended periods of near zero short-term rates? Insights by Blu Putnam.

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Source: CME Group

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