Even so, the federal funds rate remains the highest since 2007, according to a Bankrate analysis of historic Fed moves. The big question is when the Fed could get back to cutting interest rates.

The Federal Reserve concluded its second meeting of the year by keeping the federal funds rate (FFR) at 4.25-4.50%, as ...

The last time the Fed funds rate was that high was for a couple months in early 2001, shortly after the Supreme Court decided the Bush v. Gore presidential election. Yet when Powell & Co.