US Fed Fund rate is one of the most followed interest rates in the world. You will be surprised to see how rates have come down in last 30-40 years to current state of ZIRP (zero interest rate policy)
Here's one cartoon that captures the trend so well
Cartoon: From our friend Sam - pic.twitter.com/60G2j7yDr8
— SoberLook.com (@SoberLook) February 7, 2016
Once upon a time, the Fed funds rate reached a high of 20 in 1980 to combat double-digit inflation. But now strangely 36 yrs later: US Fed is fighting deflation with rates near zero percent.
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