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A comment on Wall Street Banks Warn Downturn Is Coming. Parent comment

Re:Wall Street Banks Warn Downturn Is Coming by Clubber on Wednesday August 23, 2017 @11:07AM (#15082058)
Nope, especially since we'v been loath to raise the interest rates. Lowering rates is often used to stir economic growth. We've been near zero for quite a while now. If it hits soon, the fed won't have much water to put out the fire.

https://tradingeconomics.com/united-states/interest-rate

Note: Click the Max button on that chart for perspective of where the rate is now relative to historical rates.

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Re:Wall Street Banks Warn Downturn Is Coming by winslow on Wednesday August 23, 2017 @06:20PM (#15085701)
That definitely puts some perspective on things. It's a little bit absurd it was at 0% and it stayed there for so long. Never in the previous history (at least of the graph history) did it stay at the same rate for so long.
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