American Action Forum Issues Insight: Long and Short of It - The Term Structure of Interest Rates
September 02, 2026
September 02, 2026
WASHINGTON, Sept. 2 -- The American Action Forum issued the following insight on Sept. 1, 2026, by policy fellow Oren Swagel:
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The Long and the Short of It: The Term Structure of Interest Rates
Executive Summary
* While the Federal Reserve (Fed) is often described as setting interest rates - or the price of borrowing money - it in fact only controls a single short-term interest rate and does not directly control the longer-term rates that . . .
* * *
The Long and the Short of It: The Term Structure of Interest Rates
Executive Summary
* While the Federal Reserve (Fed) is often described as setting interest rates - or the price of borrowing money - it in fact only controls a single short-term interest rate and does not directly control the longer-term rates that . . .