In chemistry an âorbitâ is the energy level that an electron resides in within an atom or molecule. You may have heard them referred to as shells using the outdated Bohr Atom model. According to the Bohr model, the first shell holds 2 electrons. This model however is outdated.
As of April 2017 the target range for the Federal Funds Rate is 0.75-1.00%. This represents the third increase in the target rate since tightening began in December 2015. The last full cycle of rate increases occurred between June 2004 and June 2006 as rates steadily rose from 1.00% to 5.25%.
Historically speaking, interest rates have been governed by national governments or central banks. The Feds federal funds rate in the US has fluctuated from 0.25% to 19% for the period between 1954 and 2008. Variations in the base rate of the Bank of England from 1989 to 2009 measured from lowest 0.5% to a high of 15%.