The Federal Reserve is good at one thing: Keeping their actions a big secret. Some of their data gets released and we can piece it together. Interest rates have been persistently low for a long period of time. Even with the recent small hikes, they are still well below previous cycles… or are they?
A Balanced Approach to Monetary Policy – Dallasfed.org
www.dallasfed.org/news/speeches/kaplan/2017/rsk171127Wu-Xia Shadow Federal Funds Rate – Federal Reserve Bank of Atlanta
www.frbatlanta.org/cqer/research/shadow_rate.aspx?panel=1
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