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federal fund rateInsider
•87% Informative
TS Lombard says the Fed is following a 30-year-old playbook with its interest rate moves.
The firm says it's following the same path it did in 1995 , when it eased the Federal funds rate from a peak of 6% to around 4.75% over three years .
That took interest rates back to a neutral level, stave off a recession, and ultimately spark a new economic boom.
By 1998 , GDP growth had accelerated from 4.4% to nearly 5% . Meanwhile, the S&P 500 more than doubled in value.
VR Score
92
Informative language
94
Neutral language
62
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semi-formal
Language
English
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38
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Attention-grabbing headline
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