The impartial Federal Reserve.

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[–]danuker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

the fed lowered their rate and the market went the other way.

Could you please show me the exact data series on this (such as on the FRED website)? I don't even know what to search for.

This means banks failed to compete and exhibited cartel-like behavior, correct?