(1) In early 2018, where were interest rates relative to historic levels and which direction was the FED moving interest rates in what was referred to as "normalization"?Why?

(2) In early 2019, where were interest rates relative to early 2018 and which direction was the FED moving them- had itchanged from a year prior?Why or why not?

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1 In early 2018 interest rates were relatively low compared to historic levels but they had been gra... View the full answer