Graph and download economic data for Federal government current expenditures: Interest payments (A091RC1Q027SBEA) from Q1 1947 to Q2 2025 about payments, expenditures, federal, government, interest, GDP, and USA.

The benchmark interest rate in the United States was last recorded at 4 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 Government current expenditures: Interest payments (A180RC1Q027SBEA) from Q1 1947 to Q2 2025 about payments, expenditures, government, interest, GDP, and USA.

Graph and download economic data for Federal Outlays: Interest as Percent of Gross Domestic Product (FYOIGDA188S) from 1940 to 2024 about outlays, federal, percent, interest, GDP, and USA.

As of August 2025, the United States government has a monthly interest rate of *** percent on its debt, continuing an upward trend in interest rates that began at the beginning of 2022. In August 2025, U.S. debt reached ******trillion U.S. dollars.

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. Moreover, 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 2.15 percent by October 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 October 2025, the United States had the highest 10-year government bond yield among developed economies at 4.09 percent, while Switzerland had the lowest at 0.27 percent. These rates serve as important benchmarks for borrowing costs and economic expectations worldwide.

PSND: Implicit Interest Rate: Year-to-Date: Foreign Net Debt: Federal Government & Central Bank of Brazil data was reported at -1.142 % pa in Apr 2019. This records a decrease from the previous number of -0.928 % pa for Mar 2019. PSND: Implicit Interest Rate: Year-to-Date: Foreign Net Debt: Federal Government & Central Bank of Brazil data is updated monthly, averaging 0.148 % pa from Jan 2002 (Median) to Apr 2019, with 208 observations. The data reached an all-time high of 74.016 % pa in Jul 2006 and a record low of -2.387 % pa in Apr 2016. PSND: Implicit Interest Rate: Year-to-Date: Foreign Net Debt: Federal Government & Central Bank of Brazil data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FB033: Public Sector Net Debt: Implicit Interest Rate: Year-to-Date.

PSND: Implicit Interest Rate: Internal Net Debt: Federal Government & Central Bank of Brazil data was reported at 0.726 % pa in Apr 2019. This records a decrease from the previous number of 0.980 % pa for Mar 2019. PSND: Implicit Interest Rate: Internal Net Debt: Federal Government & Central Bank of Brazil data is updated monthly, averaging 0.984 % pa from Dec 2001 to Apr 2019, with 209 observations. The data reached an all-time high of 3.202 % pa in Jul 2003 and a record low of -1.927 % pa in Jul 2002. PSND: Implicit Interest Rate: Internal Net Debt: Federal Government & Central Bank of Brazil data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FB032: Public Sector Net Debt: Implicit Interest Rate.

PSND: Implicit Interest Rate: Last 12 Months Accumulated: Internal Net Debt: Federal Government & Central Bank of Brazil data was reported at 8.729 % pa in Apr 2019. This records an increase from the previous number of 8.646 % pa for Mar 2019. PSND: Implicit Interest Rate: Last 12 Months Accumulated: Internal Net Debt: Federal Government & Central Bank of Brazil data is updated monthly, averaging 12.492 % pa from Nov 2002 (Median) to Apr 2019, with 198 observations. The data reached an all-time high of 25.168 % pa in Apr 2006 and a record low of 8.329 % pa in Jan 2019. PSND: Implicit Interest Rate: Last 12 Months Accumulated: Internal Net Debt: Federal Government & Central Bank of Brazil data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FB034: Public Sector Net Debt: Implicit Interest Rate: Last 12 Months Accumulated.

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. In January 2025, the Federal Reserve implemented another cut, setting the rate at 4.33 percent, which remained unchanged until September 2025, when another cut set the rate at 4.22 percent. In October 2025, the rate was further reduced to 4.09 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.

View monthly updates and historical trends for US 10-Year Government Bond Interest Rate. from United States. Source: Eurostat. Track economic data with YC…

Concept: Average interest rate of credit operations with prefixed interest rates by source of funds - microenterprise - earmarked credit - federal government specil funds Source: Credit Information System eb3bc39f-c3d2-4f06-973c-4d3827192fec 26436-average-interest-rate-by-source-of-funds---microenterprise---earmarked-credit---federal-gover

The Average Interest Rates on U.S. Treasury Securities dataset provides average interest rates on U.S. Treasury securities on a monthly basis. Its primary purpose is to show the average interest rate on a variety of marketable and non-marketable Treasury securities. Marketable securities consist of Treasury Bills, Notes, Bonds, Treasury Inflation-Protected Securities (TIPS), Floating Rate Notes (FRNs), and Federal Financing Bank (FFB) securities. Non-marketable securities consist of Domestic Series, Foreign Series, State and Local Government Series (SLGS), U.S. Savings Securities, and Government Account Series (GAS) securities. Marketable securities are negotiable and transferable and may be sold on the secondary market. Non-marketable securities are not negotiable or transferrable and are not sold on the secondary market. This is a useful dataset for investors and bond holders to compare how interest rates on Treasury securities have changed over time.

PSND: Implicit Interest Rate: Year-to-Date: Federal Government & Central Bank of Brazil data was reported at 3.959 % pa in Apr 2019. This records an increase from the previous number of 2.873 % pa for Mar 2019. PSND: Implicit Interest Rate: Year-to-Date: Federal Government & Central Bank of Brazil data is updated monthly, averaging 8.659 % pa from Jan 2002 (Median) to Apr 2019, with 208 observations. The data reached an all-time high of 34.003 % pa in Dec 2015 and a record low of 0.645 % pa in Jan 2019. PSND: Implicit Interest Rate: Year-to-Date: Federal Government & Central Bank of Brazil data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FB033: Public Sector Net Debt: Implicit Interest Rate: Year-to-Date.

Brazil PSND: by Indexing Factor: Long Term Interest Rate: Internal Net Debt: Federal Government: Credit with Official Financial Institutions data was reported at -223,355.857 BRL mn in Apr 2019. This records an increase from the previous number of -226,399.572 BRL mn for Mar 2019. Brazil PSND: by Indexing Factor: Long Term Interest Rate: Internal Net Debt: Federal Government: Credit with Official Financial Institutions data is updated monthly, averaging -276,039.085 BRL mn from May 2007 (Median) to Apr 2019, with 144 observations. The data reached an all-time high of 0.000 BRL mn in Mar 2009 and a record low of -533,362.324 BRL mn in Nov 2016. Brazil PSND: by Indexing Factor: Long Term Interest Rate: Internal Net Debt: Federal Government: Credit with Official Financial Institutions data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FB027: Public Sector Net Debt: by Indexing Factor: Long Term Interest Rate.

PSND: Implicit Interest Rate: Last 12 Months Accumulated: Federal Government & Central Bank of Brazil data was reported at 12.818 % pa in Apr 2019. This records an increase from the previous number of 12.710 % pa for Mar 2019. PSND: Implicit Interest Rate: Last 12 Months Accumulated: Federal Government & Central Bank of Brazil data is updated monthly, averaging 17.754 % pa from Nov 2002 (Median) to Apr 2019, with 198 observations. The data reached an all-time high of 43.408 % pa in Jan 2016 and a record low of 9.318 % pa in Dec 2002. PSND: Implicit Interest Rate: Last 12 Months Accumulated: Federal Government & Central Bank of Brazil data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FB034: Public Sector Net Debt: Implicit Interest Rate: Last 12 Months Accumulated.

Key information about United States Short Term Interest Rate

• United States Short Term Interest Rate: Month End: Treasury Bills: 3 Months was reported at 4.20 % pa in Feb 2025, compared with 4.20 % pa in the previous month.
• US Short Term Interest Rate data is updated monthly, available from Jan 1954 to Feb 2025.
• The data reached an all-time high of 15.52 % pa in Aug 1981 and a record low of -0.01 % pa in Sep 2015.
• Short Term Interest Rate is reported by reported by Federal Reserve Board.

• In the latest reports, US Treasury Notes Yield: Constant Maturity: Nominal: 10 Years was reported at 4.45 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Effective Federal Funds Rate) was set at 4.33 % pa in Feb 2025.

Graph and download economic data for Federal Outlays: Interest (FYOINT) from 1940 to 2025 about outlays, federal, interest, and USA.

The H.15 release contains daily interest rates for selected U.S. government and Federal Reserve series. It is published every business day except holidays.

Brazil Public Sector: % of GDP: Federal Government: Uses: Internal Interest Rate: Monetary Updating data was reported at 2.501 % in Apr 2019. This records a decrease from the previous number of 4.217 % for Mar 2019. Brazil Public Sector: % of GDP: Federal Government: Uses: Internal Interest Rate: Monetary Updating data is updated monthly, averaging 1.244 % from Jan 2001 (Median) to Apr 2019, with 220 observations. The data reached an all-time high of 9.918 % in Oct 2002 and a record low of -3.221 % in Nov 2018. Brazil Public Sector: % of GDP: Federal Government: Uses: Internal Interest Rate: Monetary Updating data remains active status in CEIC and is reported by Central Bank of Brazil. The data is categorized under Brazil Premium Database’s Government and Public Finance – Table BR.FA025: Public Sector: Uses and Sources: Federal Government: % of Nominal GDP.