The federal funds rate increased from 4.75 percent in 1999 to 6.5 percent in 2000.

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Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 8: THE SHIELD OF SCREWTAPE The Naughty Bill

"The federal funds rate increased from 4.75 percent in 1999 to 6.5 percent in 2000."

Federal Reserve historical data show the federal funds rate rising from 4.75 percent in 1999 to 6.5 percent in 2000, documenting the monetary tightening that coincided with the final stage of the dot-com boom.

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Source title Perspectives on Global Monetary Policy Coordination, Cooperation, and Correlation

Source authors Richard H. Clarida

Source year 2021

Confidence high

Importance mid