Are interest rates higher or lower today than they were 3 years ago?

Question

Are the current interest rates hiigher or lower than they were 3 years ago? Also, over the past yr, were they?

constant, inc or dec?

Current US interest rates

Visit the Federal Reserve's web site at http://www.federalreserve.gov

and select "Economic Research and Data," then "Statistics: Releases

and Historical Data," next select "Interest Rates (weekly)," and "Historical

Data" to find the most recent values for the following interest rates (under

Frequency select Business Day or Monthly) :

Federal Funds Rate

Discount Rate

Bank Prime Interest Rate

Are these rates higher or lower than they were three years ago?

Have they increased, decreased, or remained constant over the

past year?

1 second ago - 3 days left to answer.

Answer 1

the Fed funds rate is lower. You can find the time series for interest rates at http://www.economagic.com/fedbog.htm