Historical dataset of the daily level of the federal funds rate back to 1954. The fed funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis. The Federal Open Market Committee (FOMC) meets eight times a year to determine the federal funds target rate.

The benchmark interest rate in Brazil was last recorded at 14.25 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in South Korea was last recorded at 2.75 percent. This dataset provides - South Korea Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The U.S. federal funds rate peaked in 2023 at its highest level since the 2007-08 financial crisis, reaching 5.33 percent by December 2023. A significant shift in monetary policy occurred in the second half of 2024, with the Federal Reserve implementing regular rate cuts. By December 2024, the rate had declined to 4.48 percent. What is a central bank rate? The federal funds rate determines the cost of overnight borrowing between banks, allowing them to maintain necessary cash reserves and ensure financial system liquidity. When this rate rises, banks become more inclined to hold rather than lend money, reducing the money supply. While this decreased lending slows economic activity, it helps control inflation by limiting the circulation of money in the economy. Historic perspective The federal funds rate historically follows cyclical patterns, falling during recessions and gradually rising during economic recoveries. Some central banks, notably the European Central Bank, went beyond traditional monetary policy by implementing both aggressive asset purchases and negative interest rates.

In June 2024, the European Central Bank (ECB) reduced the interest rate on its marginal lending facility by 0.25 percentage points, marking the first cut since 2016. Three months later, the ECB implemented another cut, setting the rate at 3.9 percent. It was followed by two further cuts at the end of 2024 and in early 2025, the latter one setting the rate at 3.15 percent. The marginal lending rate had previously been adjusted on March 16, 2016, when it was lowered from 0.3 percent to 0.25 percent, remaining unchanged until July 2022, when it was raised to 0.75 percent. After September 2022, the rate saw regular increases, reaching 4.75 percent by April 2024.

Graph and download economic data for 99-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB99YR) from Jan 1984 to Feb 2025 about bonds, corporate, interest rate, interest, rate, and USA.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: Combined Terms: Total for Russia (IRLTCT01RUM156N) from Jan 1999 to Jun 2018 about 1 year +, Russia, long-term, bonds, yield, government, interest rate, interest, and rate.

Key information about Brazil Policy Rate

• Brazil cash rate (Policy Rate: Month End: SELIC) was set at 13.25 % pa in Jan 2025, compared with 12.25 % pa in the previous Dec 2024.
• Brazil Policy Rate averaged 12.25 % pa and is updated monthly, available from Mar 1999 to Jan 2025.
• The data reached an all-time high of 42.00 % pa in Mar 1999 and a record low of 2.00 % pa in Feb 2021.
• Its Long Term Interest Rate (Long Term Interest Rate (TJLP): Per Annum) was reported at 7.43 % pa in Nov 2024.
• Brazil Exchange Rate against USD averaged 4.85 (USD/BRL) in Jun 2023.
• Its Real Effective Exchange Rate was 81.41 in Nov 2024.

Finland ECB Interest Rate: Marginal Lending Facility data was reported at 3.150 % pa in Feb 2025. This records a decrease from the previous number of 3.400 % pa for Jan 2025. Finland ECB Interest Rate: Marginal Lending Facility data is updated monthly, averaging 2.000 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 5.750 % pa in Apr 2001 and a record low of 0.250 % pa in Jun 2022. Finland ECB Interest Rate: Marginal Lending Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Finland – Table FI.M001: Key Interest Rates: European Central Bank.

Deposit Interest Rate In the Euro Area decreased to 2.50 percent in March from 2.75 percent in February of 2025. This dataset provides - Euro Area Deposit Interest Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Netherlands NL: Interest Rate Spread data was reported at -1.112 % pa in 2012. This records a decrease from the previous number of -0.607 % pa for 2011. Netherlands NL: Interest Rate Spread data is updated yearly, averaging 0.477 % pa from Dec 1999 (Median) to 2012, with 14 observations. The data reached an all-time high of 1.904 % pa in 2000 and a record low of -1.112 % pa in 2012. Netherlands NL: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Netherlands – Table NL.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; Median;

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Finland (IRSTCI01FIM156N) from Jan 1999 to Feb 2025 about Finland, interbank, overnight, interest rate, interest, and rate.

Key information about Thailand Long Term Interest Rate

• Thailand Long Term Interest Rate: Month End: Thailand: Government Bond Yield: 10 Years was reported at 2.18 % pa in Feb 2025, compared with 2.30 % pa in the previous month.
• Thailand Long Term Interest Rate data is updated monthly, available from Sep 1999 to Feb 2025.
• The data reached an all-time high of 7.99 % pa in Nov 1999 and a record low of 1.09 % pa in Feb 2020.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, Thailand Short Term Interest Rate: Month End: BIBOR 3 Months was reported at 2.15 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End) was set at 2.00 % pa in Feb 2025.
• Thailand Exchange Rate against USD averaged 34.91 (USD/THB) in Jun 2023.

Belgium ECB Interest Rate: Marginal Lending Facility data was reported at 3.150 % pa in Feb 2025. This records a decrease from the previous number of 3.400 % pa for Jan 2025. Belgium ECB Interest Rate: Marginal Lending Facility data is updated monthly, averaging 2.000 % pa from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 5.750 % pa in Apr 2001 and a record low of 0.250 % pa in Jun 2022. Belgium ECB Interest Rate: Marginal Lending Facility data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s Belgium – Table BE.M001: Key Interest Rates: European Central Bank.

The benchmark interest rate in Germany was last recorded at 4.50 percent. This dataset provides - Germany Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Belgium (IRSTCI01BEM156N) from Jan 1999 to Feb 2025 about Belgium, interbank, overnight, interest rate, interest, and rate.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: Combined Terms: Total for Russia (IRLTCT01RUQ156N) from Q1 1999 to Q2 2018 about 1 year +, Russia, long-term, bonds, yield, government, interest rate, interest, and rate.

Deposit Interest Rate in Jordan decreased to 5.70 percent in January from 5.87 percent in December of 2024. This dataset includes a chart with historical data for Deposit Interest Rate in Jordan.

Interbank Rate in Jordan remained unchanged at 6.35 percent in January. This dataset provides - Jordan Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States - 15-Day AA Nonfinancial Commercial Paper Interest Rate was 4.31% in March of 2025, according to the United States Federal Reserve. Historically, United States - 15-Day AA Nonfinancial Commercial Paper Interest Rate reached a record high of 6.75 in December of 1999 and a record low of 0.01 in December of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 15-Day AA Nonfinancial Commercial Paper Interest Rate - last updated from the United States Federal Reserve on March of 2025.