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Graph and download economic data for FOMC Summary of Economic Projections for the Fed Funds Rate, Median (FEDTARMD) from 2025 to 2027 about projection, federal, median, rate, and USA.
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Graph and download economic data for Federal Funds Target Range - Upper Limit (DFEDTARU) from 2008-12-16 to 2025-07-02 about federal, interest rate, interest, rate, and USA.
The inflation rate in the United States declined significantly between June 2022 and May 2025, despite rising inflationary pressures towards the end of 2024. The peak inflation rate was recorded in June 2022, at *** percent. In August 2023, the Federal Reserve's interest rate hit its highest level during the observed period, at **** percent, and remained unchanged until September 2024, when the Federal Reserve implemented its first rate cut since September 2021. By January 2025, the rate dropped to **** percent, signalling a shift in monetary policy. What is the Federal Reserve interest rate? The Federal Reserve interest rate, or the federal funds rate, is the rate at which banks and credit unions lend to and borrow from each other. It is one of the Federal Reserve's key tools for maintaining strong employment rates, stable prices, and reasonable interest rates. The rate is determined by the Federal Reserve and adjusted eight times a year, though it can be changed through emergency meetings during times of crisis. The Fed doesn't directly control the interest rate but sets a target rate. It then uses open market operations to influence rates toward this target. Ways of measuring inflation Inflation is typically measured using several methods, with the most common being the Consumer Price Index (CPI). The CPI tracks the price of a fixed basket of goods and services over time, providing a measure of the price changes consumers face. At the end of 2023, the CPI in the United States was ****** percent, up from ****** a year earlier. A more business-focused measure is the producer price index (PPI), which represents the costs of firms.
The Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) surveys up to 80 large domestic banks and 24 U.S. branches and agencies of foreign banks. The Federal Reserve generally conducts the survey quarterly, timing it so that results are available for the January/February, April/May, August, and October/November meetings of the Federal Open Market Committee (FOMC). The Federal Reserve occasionally conducts one or two additional surveys during the year. Questions cover changes in the standards and terms of the banks' lending and the state of business and household demand for loans. The survey often includes questions on other topics of current interest. The survey results are released on Mondays after the FOMC meeting.
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Graph and download economic data for FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint (GDPC1CTM) from 2025 to 2027 about projection, real, GDP, rate, and USA.
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Federal Open Market Committee (FOMC) projections are important because they provide information for evaluating current monetary policy intentions and because they indicate what FOMC members think will be the likely consequence of their policies. Knowing the Fed's objectives, their forecasts, and recent deviations of the economy from the forecasts should be sufficient to understand how the Fed is making monetary policy. Results here show that the Blue Chip consensus forecasts are a good proxy for the FOMC views. For example, they match the policymakers' views as closely as do the Board staff forecasts presented at FOMC meetings. Using alternative forms of the Taylor rule, the authors show that the Blue Chip consensus and the Fed policymakers' forecasts have almost identical implications for the monetary policy process.
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The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The global market size for doubly fed generators, which stood at approximately USD 8.5 billion in 2023, is anticipated to reach around USD 15.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.1% over the forecast period. This market's growth is driven primarily by the increasing adoption of renewable energy sources, particularly wind power generation, which necessitates efficient and reliable generator solutions.
The surge in demand for renewable energy is one of the primary growth factors for the doubly fed generator market. With growing concerns over environmental sustainability and stringent regulations on carbon emissions, there has been a global shift towards clean energy solutions such as wind and hydro power. Doubly fed generators, known for their high efficiency and ability to handle variable power inputs, are key components in modern wind turbines. As governments and private sectors invest heavily in renewable energy infrastructure, the demand for these generators is likely to escalate.
Technological advancements in generator design and manufacturing have also significantly fueled market growth. Innovations such as advanced control systems, improved materials, and enhanced efficiency mechanisms have made doubly fed generators more reliable and cost-effective. These advancements reduce operational costs and downtime, making them a preferred choice in new renewable energy projects. As technology continues to evolve, the performance and reliability of doubly fed generators are expected to improve further, driving their adoption even more.
The availability of financial incentives and subsidies for renewable energy projects has further bolstered the market. Many governments worldwide offer tax credits, grants, and other financial benefits to encourage the adoption of clean energy technologies. These incentives lower the initial investment barriers and improve the return on investment for projects utilizing doubly fed generators. As a result, the market is experiencing heightened interest from both established energy companies and new market entrants aiming to capitalize on these opportunities.
Regionally, the market for doubly fed generators is witnessing varied growth patterns. North America and Europe, with their advanced renewable energy infrastructures and supportive regulatory frameworks, are leading the market. The Asia Pacific region, particularly China and India, is experiencing rapid growth due to increasing investments in renewable energy infrastructure to meet rising energy demands. Latin America and the Middle East & Africa are also gradually becoming significant markets as they diversify their energy portfolios.
The doubly fed generator market is segmented by type into induction generators and synchronous generators. Induction generators, which are extensively used in wind power generation, are a prominent segment. These generators are favored for their simple construction, robustness, and ability to operate without a dedicated power source. Their application in wind turbines is critical as they can efficiently handle variable wind speeds and provide a reliable power output. The increasing deployment of wind power plants globally is directly boosting the demand for induction generators.
Synchronous generators, another key segment, are known for their ability to produce a stable frequency and voltage output, which is crucial for grid stability. These generators are often used in both wind and hydropower applications where maintaining a consistent power supply is essential. The growth in hydropower projects, particularly in regions with abundant water resources, is driving the demand for synchronous generators. Additionally, technological improvements in these generators are making them more efficient and reliable, thus enhancing their adoption in various renewable energy projects.
Comparatively, synchronous generators are typically more complex and expensive than induction generators. However, their ability to synchronize with the power grid and provide high-quality power makes them indispensable in large-scale power projects. As the demand for stable and high-quality power increases, especially in industrial and utility sectors, the market for synchronous generators is expected to witness substantial growth.
Induction generators are particularly favored in developing regions where the need for cost-effective and reliable power generation solutions is high. Their lower initial cost and
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The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.
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The benchmark interest rate in Mexico was last recorded at 8 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The global market size of the Double Fed Induction Generator (DFIG) is projected to grow significantly from USD 2.5 billion in 2023 to approximately USD 5.4 billion by 2032, reflecting a compound annual growth rate (CAGR) of 8.5%. This growth is primarily driven by the increasing adoption of renewable energy sources, particularly wind energy, and advancements in power generation technologies. The DFIG market is expected to see substantial traction as countries strive to meet their renewable energy targets and reduce carbon emissions.
A key growth factor for the DFIG market is the global shift towards renewable energy sources, especially wind power generation. Governments worldwide are implementing policies and providing incentives to promote renewable energy projects, leading to an increased deployment of wind farms. DFIGs are preferred in wind power generation due to their efficiency and ability to operate over a wide range of wind speeds, making them an essential component in maximizing energy output from wind turbines. This trend is anticipated to drive the demand for DFIGs significantly over the forecast period.
Technological advancements in power electronics and control systems are also contributing to the growth of the DFIG market. Innovations in these areas have led to the development of more efficient and reliable DFIG systems, which can better handle the variable nature of wind energy. Improved performance, reduced maintenance costs, and enhanced grid compatibility are some of the benefits offered by modern DFIGs, making them more attractive to energy producers and utility companies. This technological progress is expected to support the market's expansion in the coming years.
The increasing focus on grid stability and energy efficiency is another factor driving the growth of the DFIG market. DFIGs are known for their ability to provide reactive power support and contribute to grid stability, which is crucial as the share of renewable energy in the grid mix increases. Energy efficiency is a critical consideration for utilities and power producers, and DFIGs offer a cost-effective solution for optimizing energy production and minimizing losses. This focus on efficiency and stability is likely to bolster the adoption of DFIGs across various applications.
The role of the Doubly-fed Converter in the operation of Double Fed Induction Generators is pivotal, particularly in wind energy applications. This converter allows for variable speed operation of the generator, which is essential for capturing the varying wind speeds effectively. By enabling the control of rotor currents, the Doubly-fed Converter enhances the efficiency and stability of the power output, making it a crucial component in modern wind turbine systems. Its ability to manage reactive power and contribute to grid stability further underscores its importance in the renewable energy landscape. As the demand for efficient and reliable power generation solutions grows, the adoption of Doubly-fed Converters is likely to increase, supporting the overall expansion of the DFIG market.
Regionally, Asia Pacific is expected to dominate the DFIG market during the forecast period, driven by the rapid expansion of wind power projects in countries like China and India. These nations are investing heavily in renewable energy infrastructure to meet their growing energy demands and reduce dependence on fossil fuels. Europe and North America are also significant markets for DFIGs, with strong government support for renewable energy initiatives and the presence of established wind energy industries. Latin America and the Middle East & Africa are anticipated to witness moderate growth, with increasing investments in renewable energy projects in these regions.
The Double Fed Induction Generator market can be segmented by type into Wound Rotor and Squirrel Cage Rotor. The Wound Rotor segment holds a significant share of the market due to its superior performance characteristics and flexibility in applications. Wound Rotor DFIGs are particularly advantageous in wind power generation, where they can efficiently handle variable wind speeds and provide reliable power output. The ability to control rotor currents and adjust the speed of the generator rotor offers enhanced efficiency and grid compatibility, making Wound Rotor DFIGs a preferred choice for many wind energy projects.
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The global direct fed microbial products market size was valued at USD 1.7 billion in 2023 and is projected to grow to USD 3.5 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 8.1% during the forecast period. This optimistic growth trajectory is driven by a myriad of factors including increasing awareness about animal health, sustainable livestock farming practices, and rising demand for antibiotic alternatives. The increasing penetration of advanced microbial products is playing a significant role in shaping the market dynamics.
One of the primary growth drivers for the direct fed microbial products market is the growing emphasis on enhancing animal health and productivity. With the livestock industry facing challenges such as diseases, poor gut health, and the demand for high yield, the adoption of direct fed microbials (DFMs) becomes indispensable. DFMs help in maintaining gut health by balancing the microflora, reducing the incidence of gastrointestinal disorders, and enhancing nutrient absorption, which subsequently leads to improved animal growth and productivity. Additionally, the rising global population and the increasing consumption of animal-based products are further propelling the market growth.
Another significant factor contributing to the market’s expansion is the stringent regulations and guidelines imposed by various governments on the use of antibiotics in animal feed. The overuse of antibiotics has led to the emergence of antibiotic-resistant bacteria, posing a severe threat to both animal and human health. As a result, there is an uptick in the adoption of DFMs as a natural and safe alternative to antibiotics. These microbial products not only improve gut health but also enhance the overall immunity of livestock, making them a favorable choice among farmers and animal health professionals.
The growing consumer awareness regarding food safety and quality is also playing a pivotal role in driving the demand for direct fed microbial products. Consumers are increasingly becoming conscious of the quality of meat and dairy products they consume, leading to a preference for products sourced from animals that are raised without antibiotics and are fed with natural supplements. This shift in consumer preferences is compelling livestock farmers to adopt DFMs to meet the market demand for high-quality, safe, and organic animal-based products.
Regionally, North America holds a significant share in the direct fed microbial products market, attributed to the well-established livestock industry, high awareness levels, and stringent regulatory framework. Europe follows closely, with significant contributions from countries like Germany, France, and the UK, where the adoption of sustainable farming practices is gaining momentum. The Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, driven by the rapidly growing livestock sector, increasing demand for animal protein, and supportive government initiatives.
The direct fed microbial products market can be segmented by product type into bacteria-based, yeast-based, and fungi-based products. Bacteria-based products dominate the market, owing to their extensive application in enhancing gut health and improving nutrient absorption. These products often contain beneficial bacteria such as Lactobacillus and Bacillus species, which play a crucial role in maintaining the balance of the gut microflora. The high efficacy and broad-spectrum application of bacteria-based DFMs make them a preferred choice among livestock farmers and veterinary professionals.
Yeast-based direct fed microbial products are also gaining traction, particularly in the poultry and ruminants segments. Yeasts such as Saccharomyces cerevisiae are known for their probiotic properties, which help in improving digestion, enhancing feed efficiency, and boosting overall animal performance. The increasing focus on improving the health and productivity of poultry and ruminants is likely to drive the demand for yeast-based DFMs. Furthermore, continuous research and development in the field of yeast probiotics are expected to introduce innovative and more effective products in the market.
Fungi-based direct fed microbial products are relatively new but are steadily gaining acceptance due to their unique benefits. Fungi, such as Aspergillus oryzae, play a vital role in breaking down complex feed components, making nutrients more available for absorption. This is particularly beneficial in
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The benchmark interest rate in Turkey was last recorded at 46 percent. This dataset provides the latest reported value for - Turkey Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The benchmark interest rate in Canada was last recorded at 2.75 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The benchmark interest rate In the Euro Area was last recorded at 2.15 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations (RRPONTSYD) from 2003-02-07 to 2025-06-20 about reverse repos, overnight, trade, securities, Treasury, sales, and USA.
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The benchmark interest rate in Brazil was last recorded at 15 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The global direct-fed microbials market size was valued at approximately $1.1 billion in 2023 and is projected to reach around $1.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period. The market is primarily driven by increased awareness among livestock farmers regarding the benefits of direct-fed microbials, which include improved animal health and productivity. The growth factor for this market is further amplified by the rising demand for meat and dairy products, which necessitates the use of efficient feed additives to enhance animal growth and health.
One of the primary growth factors for the direct-fed microbials market is the increasing demand for natural and antibiotic-free animal nutrition solutions. With growing concerns over antibiotic resistance and the residual effects of antibiotics in meat products, there is a significant shift towards adopting natural feed additives like direct-fed microbials. These products help in improving the gut health of animals, thereby enhancing nutrient absorption and overall growth rates without the adverse effects associated with antibiotics. Additionally, direct-fed microbials help in maintaining a balanced gut microbiota, which is crucial for the overall well-being of livestock.
Another significant driver for market growth is the expansion of the livestock industry globally. With the increasing global population and rising disposable incomes, there is a growing demand for high-quality protein sources such as meat, milk, and eggs. This, in turn, has led to the intensification of livestock farming practices, where the health and productivity of animals are of paramount importance. Direct-fed microbials play a crucial role in enhancing feed efficiency and overall animal performance, making them an essential component in modern livestock farming practices.
The regulatory environment also plays a critical role in the growth of the direct-fed microbials market. Many countries have implemented stringent regulations regarding the use of antibiotics in animal feed, which has paved the way for the adoption of alternative feed additives like direct-fed microbials. For instance, the European Union has banned the use of antibiotics as growth promoters in animal feed, encouraging livestock farmers to use natural feed additives. Similarly, in the United States, the Food and Drug Administration (FDA) has implemented guidelines to limit the use of medically important antibiotics in animal agriculture, further boosting the demand for direct-fed microbials.
In terms of regional outlook, North America currently holds the largest market share for direct-fed microbials, driven by the well-established livestock industry and stringent regulations promoting antibiotic-free animal nutrition. Europe is also a significant market due to similar regulatory frameworks and a strong emphasis on animal welfare. The Asia Pacific region is expected to witness the highest growth during the forecast period, driven by the rapid expansion of the livestock industry and increasing awareness among farmers about the benefits of direct-fed microbials. Latin America and the Middle East & Africa are also anticipated to show steady growth, supported by the growing demand for meat and dairy products and improving agricultural practices.
The bacteria-based segment is the most prominent within the direct-fed microbials market, accounting for a significant share of the global market. This segment includes various beneficial bacterial strains such as Lactobacillus, Bacillus, and Bifidobacterium, which are widely used in animal feed to enhance gut health and overall productivity. Bacteria-based direct-fed microbials are known for their ability to produce lactic acid, which helps in maintaining an optimal pH in the gut, thereby inhibiting the growth of pathogenic bacteria. This results in improved digestion and nutrient absorption, leading to better growth rates and feed efficiency in animals.
One of the key advantages of bacteria-based direct-fed microbials is their ability to enhance the immune system of animals. Beneficial bacteria in the gut play a crucial role in modulating the immune response, making animals more resilient to infections and diseases. This is particularly important in intensive farming systems where animals are often exposed to various stressors that can compromise their immune function. By incorporating bacteria-based direct-fed microbials into animal feed, farmers can significantly reduce the incidence of diseases and the need for antibi
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The benchmark interest rate in Indonesia was last recorded at 5.50 percent. This dataset provides - Indonesia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The benchmark interest rate in Australia was last recorded at 3.85 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for FOMC Summary of Economic Projections for the Fed Funds Rate, Median (FEDTARMD) from 2025 to 2027 about projection, federal, median, rate, and USA.