22 datasets found
  1. Monthly Fed funds effective rate in the U.S. 1954-2025

    • statista.com
    Updated Mar 10, 2025
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    Statista (2025). Monthly Fed funds effective rate in the U.S. 1954-2025 [Dataset]. https://www.statista.com/statistics/187616/effective-rate-of-us-federal-funds-monthly/
    Explore at:
    Dataset updated
    Mar 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jul 1954 - Feb 2025
    Area covered
    United States
    Description

    The U.S. federal funds effective rate underwent a dramatic reduction in early 2020 in response to the COVID-19 pandemic. The rate plummeted from 1.58 percent in February 2020 to 0.65 percent in March, and further decreased to 0.05 percent in April. This sharp reduction, accompanied by the Federal Reserve's quantitative easing program, was implemented to stabilize the economy during the global health crisis. After maintaining historically low rates for nearly two years, the Federal Reserve began a series of rate hikes in early 2022, with the rate moving from 0.33 percent in April 2022 to 5.33 percent in August 2023. The rate remained unchanged for over a year, before the Federal Reserve initiated its first rate cut in nearly three years in September 2024, bringing the rate to 5.13 percent. By December 2024, the rate was cut to 4.48 percent, signaling a shift in monetary policy in the second half of 2024. The first rate cut in 2025 then set the rate at 4.33 percent. What is the federal funds effective rate? The U.S. federal funds effective rate determines the interest rate paid by depository institutions, such as banks and credit unions, that lend reserve balances to other depository institutions overnight. Changing the effective rate in times of crisis is a common way to stimulate the economy, as it has a significant impact on the whole economy, such as economic growth, employment, and inflation. Central bank policy rates The adjustment of interest rates in response to the COVID-19 pandemic was a coordinated global effort. In early 2020, central banks worldwide implemented aggressive monetary easing policies to combat the economic crisis. The U.S. Federal Reserve's dramatic reduction of its federal funds rate - from 1.58 percent in February 2020 to 0.05 percent by April - mirrored similar actions taken by central banks globally. While these low rates remained in place throughout 2021, mounting inflationary pressures led to a synchronized tightening cycle beginning in 2022, with central banks pushing rates to multi-year highs. By mid-2024, as inflation moderated across major economies, central banks began implementing their first rate cuts in several years, with the U.S. Federal Reserve, Bank of England, and European Central Bank all easing monetary policy.

  2. F

    Total Revenue for Offices of Physical, Occupational and Speech Therapists...

    • fred.stlouisfed.org
    json
    Updated Jan 31, 2024
    + more versions
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    (2024). Total Revenue for Offices of Physical, Occupational and Speech Therapists and Audiologists, All Establishments, Employer Firms [Dataset]. https://fred.stlouisfed.org/series/REVEF62134ALLEST
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jan 31, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Total Revenue for Offices of Physical, Occupational and Speech Therapists and Audiologists, All Establishments, Employer Firms (REVEF62134ALLEST) from 1998 to 2022 about audiologists, speech therapists, physicians, occupation, employer firms, accounting, revenue, establishments, services, and USA.

  3. T

    United States - Total Revenue for Offices of Physical, Occupational and...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Sep 3, 2020
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    TRADING ECONOMICS (2020). United States - Total Revenue for Offices of Physical, Occupational and Speech Therapists and Audiologists, Establishments Subject to Federal Income Tax, Employer Firms [Dataset]. https://tradingeconomics.com/united-states/total-revenue-for-offices-of-physical-occupational-and-speech-therapists-and-audiologists-establishments-subject-to-federal-income-tax-employer-firms-fed-data.html
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    json, xml, excel, csvAvailable download formats
    Dataset updated
    Sep 3, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Total Revenue for Offices of Physical, Occupational and Speech Therapists and Audiologists, Establishments Subject to Federal Income Tax, Employer Firms was 40900.00000 Mil. of $ in January of 2022, according to the United States Federal Reserve. Historically, United States - Total Revenue for Offices of Physical, Occupational and Speech Therapists and Audiologists, Establishments Subject to Federal Income Tax, Employer Firms reached a record high of 40900.00000 in January of 2022 and a record low of 8486.00000 in January of 2000. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Revenue for Offices of Physical, Occupational and Speech Therapists and Audiologists, Establishments Subject to Federal Income Tax, Employer Firms - last updated from the United States Federal Reserve on March of 2025.

  4. T

    Japan Interest Rate

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 26, 2025
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    TRADING ECONOMICS (2025). Japan Interest Rate [Dataset]. https://tradingeconomics.com/japan/interest-rate
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    excel, xml, json, csvAvailable download formats
    Dataset updated
    Mar 26, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Oct 2, 1972 - Mar 19, 2025
    Area covered
    Japan
    Description

    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.

  5. F

    Total Expense for Offices of Physical, Occupational and Speech Therapists...

    • fred.stlouisfed.org
    json
    Updated Dec 26, 2018
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    (2018). Total Expense for Offices of Physical, Occupational and Speech Therapists and Audiologists, Establishments Subject to Federal Income Tax, Employer Firms (DISCONTINUED) [Dataset]. https://fred.stlouisfed.org/series/EXPEF62134TAXABL
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    jsonAvailable download formats
    Dataset updated
    Dec 26, 2018
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Total Expense for Offices of Physical, Occupational and Speech Therapists and Audiologists, Establishments Subject to Federal Income Tax, Employer Firms (DISCONTINUED) (EXPEF62134TAXABL) from 2004 to 2012 about audiologists, speech therapists, physicians, occupation, employer firms, accounting, establishments, tax, expenditures, services, and USA.

  6. T

    Euro Area Interest Rate

    • tradingeconomics.com
    • sv.tradingeconomics.com
    • +16more
    csv, excel, json, xml
    Updated Mar 6, 2025
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    TRADING ECONOMICS (2025). Euro Area Interest Rate [Dataset]. https://tradingeconomics.com/euro-area/interest-rate
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    Mar 6, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 18, 1998 - Mar 6, 2025
    Area covered
    Euro Area
    Description

    The benchmark interest rate In the Euro Area was last recorded at 2.65 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  7. T

    United States Fed Funds Interest Rate

    • it.tradingeconomics.com
    • es.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 19, 2025
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    TRADING ECONOMICS (2025). United States Fed Funds Interest Rate [Dataset]. https://it.tradingeconomics.com/united-states/interest-rate
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    xml, json, excel, csvAvailable download formats
    Dataset updated
    Mar 19, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Aug 4, 1971 - Mar 19, 2025
    Area covered
    Stati Uniti
    Description

    Il tasso di interesse di riferimento negli Stati Uniti è stato registrato per l'ultima volta al 4,50 percento. Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Stati Uniti - Tasso di interesse.

  8. F

    Employed full time: Wage and salary workers: Speech-language pathologists...

    • fred.stlouisfed.org
    json
    Updated Jan 22, 2025
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    (2025). Employed full time: Wage and salary workers: Speech-language pathologists occupations: 16 years and over: Women [Dataset]. https://fred.stlouisfed.org/series/LEU0254702200A
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jan 22, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Employed full time: Wage and salary workers: Speech-language pathologists occupations: 16 years and over: Women (LEU0254702200A) from 2000 to 2024 about speech therapists, physicians, occupation, females, full-time, salaries, workers, 16 years +, wages, employment, and USA.

  9. F

    All Other Sources of Revenue for Patient Care for Offices of Physical,...

    • fred.stlouisfed.org
    json
    Updated Jan 31, 2024
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    (2024). All Other Sources of Revenue for Patient Care for Offices of Physical, Occupational and Speech Therapists, and Audiologists, All Establishments, Employer Firms [Dataset]. https://fred.stlouisfed.org/series/OOPOASTAAAO4262134
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jan 31, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for All Other Sources of Revenue for Patient Care for Offices of Physical, Occupational and Speech Therapists, and Audiologists, All Establishments, Employer Firms (OOPOASTAAAO4262134) from 2015 to 2021 about audiologists, speech therapists, physicians, occupation, employer firms, revenue, establishments, and USA.

  10. T

    Australia Interest Rate

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +16more
    csv, excel, json, xml
    Updated Mar 4, 2025
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    TRADING ECONOMICS (2025). Australia Interest Rate [Dataset]. https://tradingeconomics.com/australia/interest-rate
    Explore at:
    excel, csv, xml, jsonAvailable download formats
    Dataset updated
    Mar 4, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 22, 1990 - Feb 18, 2025
    Area covered
    Australia
    Description

    The benchmark interest rate in Australia was last recorded at 4.10 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  11. c

    Crisis Monitor (Week 34/2023)

    • datacatalogue.cessda.eu
    • search.gesis.org
    • +1more
    Updated Feb 29, 2024
    + more versions
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    Presse- und Informationsamt der Bundesregierung (2024). Crisis Monitor (Week 34/2023) [Dataset]. http://doi.org/10.4232/1.14247
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    Dataset updated
    Feb 29, 2024
    Dataset provided by
    Berlin
    Authors
    Presse- und Informationsamt der Bundesregierung
    Time period covered
    Aug 21, 2023 - Aug 23, 2023
    Area covered
    Germany
    Measurement technique
    Telephone interview: Computer-assisted (CATI)
    Description

    The Crisis Monitor has been conducted regularly by the opinion research institute forsa on behalf of the Press and Information Office of the German Federal Government since calendar week 1/2023. The Crisis Monitor is a continuation of the representative population surveys Trendquestions Ukraine on the topic of Germany and the Ukraine war conducted regularly by forsa in the period from calendar week 13/2022 to 50/2022. The individual question areas were adjusted depending on the survey period. In the survey period from 21.08.2023 to 23.08.2023, the German-speaking resident population aged 14 and older was surveyed in telephone interviews (CATI). Respondents were selected using a multistage random sample.
    Level of personal stress caused by the current situation surrounding the current crises in Germany; developments in Germany that cause the most personal concern; level of personal stress caused by the war in Ukraine and the media content perceived about it; Germany should continue to maintain the economic sanctions decided against Russia vs. end; assessment of the potential for conflict in Germany between different social groups (rich and poor, young and old, East Germans and West Germans, left-wing and right-wing political forces, foreigners and Germans, Ukrainian refugees and Germans, supporters and opponents of stricter climate protection measures); opinion on the level of controversy on important political issues (there is too much, too little or just the right amount of controversy); agreement with various statements on the Federal Government´s policy (is to blame for the current price increases, takes sufficient care to cushion the effects of price increases for citizens, ensured that we had no major problems with the energy supply last winter, will ensure that we have no major problems with the energy supply next winter); energy saving still necessary for a stable energy supply this winter.

    Demography: sex; age (grouped); employment; education; party preference in the next federal election; voting behavior in the last federal election; general assessment of income (low, medium, high).

    Additionally coded were: region; federal state; weighting factor.

  12. d

    Politics in the Federal Republic (August 1969)

    • da-ra.de
    Updated Sep 28, 2011
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    Max Kaase; Uwe Schleth; Rudolf Wildenmann (2011). Politics in the Federal Republic (August 1969) [Dataset]. http://doi.org/10.4232/1.10837
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    Dataset updated
    Sep 28, 2011
    Dataset provided by
    GESIS Data Archive
    da|ra
    Authors
    Max Kaase; Uwe Schleth; Rudolf Wildenmann
    Time period covered
    Aug 1969 - Sep 1969
    Description

    Multi-stage stratified random sample of persons 21 years old and older

  13. d

    Politics in the Federal Republic (August 1969)

    • da-ra.de
    Updated Sep 25, 2012
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    Max Kaase; Uwe Schleth; Rudolf Wildenmann (2012). Politics in the Federal Republic (August 1969) [Dataset]. http://doi.org/10.4232/1.11457
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    Dataset updated
    Sep 25, 2012
    Dataset provided by
    GESIS Data Archive
    da|ra
    Authors
    Max Kaase; Uwe Schleth; Rudolf Wildenmann
    Time period covered
    Aug 1969 - Sep 1969
    Description

    Probability: Multistage; Probability: Stratified; Sampling Procedure Comment: Multi-stage stratified random sample

  14. T

    Switzerland Interest Rate

    • tradingeconomics.com
    • ru.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 20, 2025
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    Switzerland Interest Rate [Dataset]. https://tradingeconomics.com/switzerland/interest-rate
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    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Mar 20, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 3, 2000 - Mar 20, 2025
    Area covered
    Switzerland
    Description

    The benchmark interest rate in Switzerland was last recorded at 0.25 percent. This dataset provides - Switzerland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  15. U.S. public debt 1990-2023

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. public debt 1990-2023 [Dataset]. https://www.statista.com/statistics/187867/public-debt-of-the-united-states-since-1990/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In September 2023, the national debt of the United States had risen up to 33.17 trillion U.S. dollars. The national debt per capita had risen to 85,552 U.S. dollars in 2021. As represented by the statistic above, the public debt of the United States has been continuously rising.

    U.S. public debt Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. In the case of the U.S., national debt is owed by the federal government to Treasury security holders. Generally speaking, government debt increases with government spending, and can be decreased through taxes. During the COVID-19 pandemic, the U.S. government increased spending significantly to finance virus infrastructure, aid, and various forms of economic relief.

    International public debt

    Venezuela leads the global ranking of the 20 countries with the highest public debt in 2021. In relation to the Gross Domestic Product (GDP), Venezuela's public debt amounted to around 306.95 percent of GDP. Eritrea was ranked fifth, with an estimated debt of 170 percent of the Gross Domestic Product.

    The national debt of the United Kingdom is forecasted to grow from 87 percent in 2022 to 70 percent in 2027, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland.

    Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany ranked 13th in the EU, with its national debt amounting to 69 percent of GDP in the same time period.

    Tuvalu was one of the 20 countries with the lowest national debt in 2021 in relation to the GDP, while Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.

  16. F

    Sources of Revenue: Total Operating Revenue for offices of Physical,...

    • fred.stlouisfed.org
    json
    Updated Dec 8, 2016
    + more versions
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    (2016). Sources of Revenue: Total Operating Revenue for offices of Physical, Occupational and Speech Therapists and Audiologists, All Establishments, Employer Firms (DISCONTINUED) [Dataset]. https://fred.stlouisfed.org/series/REVTOREF62134ALLEST
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Dec 8, 2016
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Sources of Revenue: Total Operating Revenue for offices of Physical, Occupational and Speech Therapists and Audiologists, All Establishments, Employer Firms (DISCONTINUED) (REVTOREF62134ALLEST) from 2010 to 2015 about audiologists, speech therapists, physicians, operating, occupation, employer firms, accounting, revenue, establishments, services, and USA.

  17. T

    United States - Employed full time: Median usual weekly nominal earnings...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Dec 3, 2020
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    TRADING ECONOMICS (2020). United States - Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: Speech-language pathologists occupations: 16 years and over: Women [Dataset]. https://tradingeconomics.com/united-states/employed-full-time-median-usual-weekly-nominal-earnings-second-quartile-wage-and-salary-workers-speech-language-pathologists-occupations-16-years-and-over-women-fed-data.html
    Explore at:
    json, csv, xml, excelAvailable download formats
    Dataset updated
    Dec 3, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: Speech-language pathologists occupations: 16 years and over: Women was 1453.00000 $ in January of 2024, according to the United States Federal Reserve. Historically, United States - Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: Speech-language pathologists occupations: 16 years and over: Women reached a record high of 1453.00000 in January of 2024 and a record low of 770.00000 in January of 2000. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: Speech-language pathologists occupations: 16 years and over: Women - last updated from the United States Federal Reserve on March of 2025.

  18. F

    Employed full time: Median usual weekly nominal earnings (second quartile):...

    • fred.stlouisfed.org
    json
    Updated Feb 18, 2015
    + more versions
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    (2015). Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: Speech-language pathologists occupations: 16 years and over: Men [Dataset]. https://fred.stlouisfed.org/series/LEU0254648800A
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Feb 18, 2015
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: Speech-language pathologists occupations: 16 years and over: Men (LEU0254648800A) from 2000 to 2011 about speech therapists, physicians, second quartile, occupation, full-time, males, salaries, workers, earnings, 16 years +, wages, median, employment, and USA.

  19. T

    Germany Interest Rate

    • tradingeconomics.com
    • ko.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 11, 2024
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    TRADING ECONOMICS (2024). Germany Interest Rate [Dataset]. https://tradingeconomics.com/germany/interest-rate
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Mar 11, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 18, 1998 - Mar 6, 2025
    Area covered
    Germany
    Description

    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.

  20. F

    Share of Labour Compensation in GDP at Current National Prices for United...

    • fred.stlouisfed.org
    json
    Updated Jan 21, 2021
    + more versions
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    (2021). Share of Labour Compensation in GDP at Current National Prices for United States [Dataset]. https://fred.stlouisfed.org/series/LABSHPUSA156NRUG
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jan 21, 2021
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Share of Labour Compensation in GDP at Current National Prices for United States (LABSHPUSA156NRUG) from 1950 to 2019 about compensation, labor, GDP, and USA.

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Statista (2025). Monthly Fed funds effective rate in the U.S. 1954-2025 [Dataset]. https://www.statista.com/statistics/187616/effective-rate-of-us-federal-funds-monthly/
Organization logo

Monthly Fed funds effective rate in the U.S. 1954-2025

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2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Mar 10, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jul 1954 - Feb 2025
Area covered
United States
Description

The U.S. federal funds effective rate underwent a dramatic reduction in early 2020 in response to the COVID-19 pandemic. The rate plummeted from 1.58 percent in February 2020 to 0.65 percent in March, and further decreased to 0.05 percent in April. This sharp reduction, accompanied by the Federal Reserve's quantitative easing program, was implemented to stabilize the economy during the global health crisis. After maintaining historically low rates for nearly two years, the Federal Reserve began a series of rate hikes in early 2022, with the rate moving from 0.33 percent in April 2022 to 5.33 percent in August 2023. The rate remained unchanged for over a year, before the Federal Reserve initiated its first rate cut in nearly three years in September 2024, bringing the rate to 5.13 percent. By December 2024, the rate was cut to 4.48 percent, signaling a shift in monetary policy in the second half of 2024. The first rate cut in 2025 then set the rate at 4.33 percent. What is the federal funds effective rate? The U.S. federal funds effective rate determines the interest rate paid by depository institutions, such as banks and credit unions, that lend reserve balances to other depository institutions overnight. Changing the effective rate in times of crisis is a common way to stimulate the economy, as it has a significant impact on the whole economy, such as economic growth, employment, and inflation. Central bank policy rates The adjustment of interest rates in response to the COVID-19 pandemic was a coordinated global effort. In early 2020, central banks worldwide implemented aggressive monetary easing policies to combat the economic crisis. The U.S. Federal Reserve's dramatic reduction of its federal funds rate - from 1.58 percent in February 2020 to 0.05 percent by April - mirrored similar actions taken by central banks globally. While these low rates remained in place throughout 2021, mounting inflationary pressures led to a synchronized tightening cycle beginning in 2022, with central banks pushing rates to multi-year highs. By mid-2024, as inflation moderated across major economies, central banks began implementing their first rate cuts in several years, with the U.S. Federal Reserve, Bank of England, and European Central Bank all easing monetary policy.

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