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Friday Fun Thread for May 17, 2024

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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The 0 lower bound is when interest rates hit zero. The Fed has traditionally eased or tightened monetary policy by changing interest rates.

They now have policy frameworks to use when they can no longer ease by cutting rates lower since rates are already 0.