The benchmark interest rate in the United States was last recorded at 4.50 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Chicago Fed Survey of Economic Conditions: 12 month Outlook for the US Economy in Federal Reserve District 7: Chicago (CFSBCOUTLOOK) from Feb 2013 to Jul 2025 about FRB CHI District, 6-month, 1-year, business, indexes, and USA.

Graph and download economic data for FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low (FEDTARRL) from 2025 to 2027 about projection, federal, rate, and USA.

United States - Chicago Fed Survey of Business Conditions: 12 month Outlook for the US Economy in Federal Reserve District 7: Chicago was -34.04255 Index in June of 2025, according to the United States Federal Reserve. Historically, United States - Chicago Fed Survey of Business Conditions: 12 month Outlook for the US Economy in Federal Reserve District 7: Chicago reached a record high of 76.59550 in June of 2021 and a record low of -70.64847 in March of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Chicago Fed Survey of Business Conditions: 12 month Outlook for the US Economy in Federal Reserve District 7: Chicago - last updated from the United States Federal Reserve on July of 2025.

United States Diffusion Index: Philadelphia Fed: sa: Prices Received data was reported at 36.300 NA in Jul 2018. This records an increase from the previous number of 33.200 NA for Jun 2018. United States Diffusion Index: Philadelphia Fed: sa: Prices Received data is updated monthly, averaging 8.400 NA from May 1968 (Median) to Jul 2018, with 603 observations. The data reached an all-time high of 63.800 NA in Feb 1974 and a record low of -40.900 NA in Apr 2009. United States Diffusion Index: Philadelphia Fed: sa: Prices Received data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.S010: Third District Manufacturing Business Outlook Survey.

Philadelphia Fed Manufacturing Index in the United States increased to 15.90 points in July from -4 points in June of 2025. This dataset provides the latest reported value for - United States Philadelphia Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States Diffusion Index: Philadelphia Fed: Prices Paid data was reported at 59.700 NA in Jul 2018. This records an increase from the previous number of 56.900 NA for Jun 2018. United States Diffusion Index: Philadelphia Fed: Prices Paid data is updated monthly, averaging 25.400 NA from May 1968 (Median) to Jul 2018, with 603 observations. The data reached an all-time high of 91.000 NA in Mar 1974 and a record low of -39.500 NA in Dec 2008. United States Diffusion Index: Philadelphia Fed: Prices Paid data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.S010: Third District Manufacturing Business Outlook Survey.

United States Diffusion Index: Philadelphia Fed: sa: General Business Conditions data was reported at 25.700 NA in Jul 2018. This records an increase from the previous number of 19.900 NA for Jun 2018. United States Diffusion Index: Philadelphia Fed: sa: General Business Conditions data is updated monthly, averaging 10.800 NA from May 1968 (Median) to Jul 2018, with 603 observations. The data reached an all-time high of 58.500 NA in Mar 1973 and a record low of -57.900 NA in Dec 1974. United States Diffusion Index: Philadelphia Fed: sa: General Business Conditions data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.S010: Third District Manufacturing Business Outlook Survey.

Policy interest rates in the U.S. and Europe are forecasted to decrease gradually between 2024 and 2027, following exceptional increases triggered by soaring inflation between 2021 and 2023. The U.S. federal funds rate stood at **** percent at the end of 2023, the European Central Bank deposit rate at **** percent, and the Swiss National Bank policy rate at **** percent. With inflationary pressures stabilizing, policy interest rates are forecast to decrease in each observed region. The U.S. federal funds rate is expected to decrease to *** percent, the ECB refi rate to **** percent, the Bank of England bank rate to **** percent, and the Swiss National Bank policy rate to **** percent by 2025. An interesting aspect to note is the impact of these interest rate changes on various economic factors such as growth, employment, and inflation. The impact of central bank policy rates The U.S. federal funds effective rate, crucial in determining the interest rate paid by depository institutions, experienced drastic changes in response to the COVID-19 pandemic. The subsequent slight changes in the effective rate reflected the efforts to stimulate the economy and manage economic factors such as inflation. Such fluctuations in the federal funds rate have had a significant impact on the overall economy. The European Central Bank's decision to cut its fixed interest rate in June 2024 for the first time since 2016 marked a significant shift in attitude towards economic conditions. The reasons behind the fluctuations in the ECB's interest rate reflect its mandate to ensure price stability and manage inflation, shedding light on the complex interplay between interest rates and economic factors. Inflation and real interest rates The relationship between inflation and interest rates is critical in understanding the actions of central banks. Central banks' efforts to manage inflation through interest rate adjustments reveal the intricate balance between economic growth and inflation. Additionally, the concept of real interest rates, adjusted for inflation, provides valuable insights into the impact of inflation on the economy.

Ten-Year TIPS Yields versus Real Yields is a part of the Inflation Expectations indicator of the Federal Reserve Bank of Cleveland.

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.

Graph and download economic data for Current General Business Activity; Diffusion Index for Texas (BACTSAMFRBDAL) from Jun 2004 to Jul 2025 about business sentiment, diffusion, business, TX, indexes, and USA.

Dallas Fed Manufacturing Index in the United States increased to 0.90 points in July from -12.70 points in June of 2025. This dataset provides the latest reported value for - United States Dallas Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Median was 3.10% in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Median reached a record high of 5.40 in January of 2023 and a record low of 0.10 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Median - last updated from the United States Federal Reserve on July of 2025.

From 2003 to 2025, the central banks of the United States, United Kingdom, and European Union exhibited remarkably similar interest rate patterns, reflecting shared global economic conditions. In the early 2000s, rates were initially low to stimulate growth, then increased as economies showed signs of overheating prior to 2008. The financial crisis that year prompted sharp rate cuts to near-zero levels, which persisted for an extended period to support economic recovery. The COVID-19 pandemic in 2020 led to further rate reductions to historic lows, aiming to mitigate economic fallout. However, surging inflation in 2022 triggered a dramatic policy shift, with the Federal Reserve, Bank of England, and European Central Bank significantly raising rates to curb price pressures. As inflation stabilized in late 2023 and early 2024, the ECB and Bank of England initiated rate cuts by mid-2024, and the Federal Reserve also implemented its first cut in three years, with forecasts suggesting a gradual decrease in all major interest rates between 2025 and 2026. Divergent approaches within the European Union While the ECB sets a benchmark rate for the Eurozone, individual EU countries have adopted diverse strategies to address their unique economic circumstances. For instance, Hungary set the highest rate in the EU at 13 percent in September 2023, gradually reducing it to 6.5 percent by October 2024. In contrast, Sweden implemented more aggressive cuts, lowering its rate to 2.25 percent by February 2025, the lowest among EU members. These variations highlight the complex economic landscape that European central banks must navigate, balancing inflation control with economic growth support. Global context and future outlook The interest rate changes in major economies have had far-reaching effects on global financial markets. Government bond yields, for example, reflect these policy shifts and investor sentiment. As of December 2024, the United States had the highest 10-year government bond yield among developed economies at 4.59 percent, while Switzerland had the lowest at 0.27 percent. These rates serve as important benchmarks for borrowing costs and economic expectations worldwide.

United States Diffusion Index: Philadelphia Fed: sa: Inventories data was reported at 14.400 NA in Jul 2018. This records an increase from the previous number of 10.200 NA for Jun 2018. United States Diffusion Index: Philadelphia Fed: sa: Inventories data is updated monthly, averaging -5.300 NA from May 1968 (Median) to Jul 2018, with 603 observations. The data reached an all-time high of 27.900 NA in Mar 1973 and a record low of -51.000 NA in Mar 2009. United States Diffusion Index: Philadelphia Fed: sa: Inventories data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.S010: Third District Manufacturing Business Outlook Survey.

We use the yield curve to predict future GDP growth and recession probabilities. The spread between short- and long-term rates typically correlates with economic growth. Predications are calculated using a model developed by the Federal Reserve Bank of Cleveland. Released monthly.

United States Diffusion Index: Philadelphia Fed: sa: Shipments data was reported at 21.600 NA in Nov 2018. This records a decrease from the previous number of 24.500 NA for Oct 2018. United States Diffusion Index: Philadelphia Fed: sa: Shipments data is updated monthly, averaging 14.300 NA from May 1968 (Median) to Nov 2018, with 607 observations. The data reached an all-time high of 48.300 NA in Mar 1973 and a record low of -33.600 NA in Feb 2009. United States Diffusion Index: Philadelphia Fed: sa: Shipments data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.S010: Third District Manufacturing Business Outlook Survey.

We report average expected inflation rates over the next one through 30 years. Our estimates of expected inflation rates are calculated using a Federal Reserve Bank of Cleveland model that combines financial data and survey-based measures. Released monthly.

United States Diffusion Index: Philadelphia Fed: Next 6 Mth: Ave Emp Workweek data was reported at 17.500 NA in Nov 2018. This records an increase from the previous number of 13.200 NA for Oct 2018. United States Diffusion Index: Philadelphia Fed: Next 6 Mth: Ave Emp Workweek data is updated monthly, averaging 8.100 NA from May 1968 (Median) to Nov 2018, with 607 observations. The data reached an all-time high of 41.000 NA in Mar 1977 and a record low of -30.600 NA in Oct 1990. United States Diffusion Index: Philadelphia Fed: Next 6 Mth: Ave Emp Workweek data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.S010: Third District Manufacturing Business Outlook Survey.