The 5,000-year history of interest rates shows just how historically low US rates are right now

On Thursday, the Federal Reserve kept its benchmark interest rate target pegged to a range of 0% to 0.25%, which is where it has been since December 2008.

That's low.

Interestingly, rates aren't just low within the context of American history.

They also happen to be at the lowest levels in the 5,000 years of civilization.

Citing a speech by Bank of England chief economist Andy Haldane, Bank of America Merrill Lynch's Michael Hartnett and his team in a recent note to clients shared the...

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