Federal Funds Rate. My apology for not being specific. Fed Chair Yellen thinks they are creating jobs keeping the Fed’s fund rate low. In reality she is only covering for failed economic policies that promised improvement. Also for savers who have low risk tolerance there is poor return.
To guess at a specific level— How about 3 and 1/2% ? Then let government do their part and pass legislation that actually is going to help the private sector grow.
Federal Funds Rate.... ....for savers who have low risk tolerance there is poor return.
It's true that many (most?) people say that the fed's low rates are hurting savers, but when I personally look at the fed funds rate along w/ the real savings interest (savings acct interest less inflation) I can see years when real savings rates were much lower while the fed funds rate was double digit.
There really has not been that much of a connection. My take is that low risk tolerance is the real cause of poor returns, it's always been that way and it always will be.