Shadow rates are a measure of interest rate when the rate is near zero. Before each major recession, the shadow rate increases. The recent shadow rate increase is higher than any other period that I can find.
Shadow rates are not applicable when interest rate is far away from zero.
Shadow rates are not applicable when interest rate is far away from zero.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.