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.

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.

United States Open Interest: CBOT: Financial Futures: 30 Day Fed Funds data was reported at 2,051,535.000 Contract in Nov 2018. This records an increase from the previous number of 1,991,747.000 Contract for Oct 2018. United States Open Interest: CBOT: Financial Futures: 30 Day Fed Funds data is updated monthly, averaging 450,206.000 Contract from Jan 1996 (Median) to Nov 2018, with 275 observations. The data reached an all-time high of 2,484,498.000 Contract in Apr 2018 and a record low of 15,172.000 Contract in Nov 1996. United States Open Interest: CBOT: Financial Futures: 30 Day Fed Funds data remains active status in CEIC and is reported by CME Group. The data is categorized under Global Database’s United States – Table US.Z022: CBOT: Futures: Open Interest.

Access CME futures and options data for interest rate markets, including U.S. Treasuries, SOFR, Federal Funds, ESTR, and more with Databento's APIs or web portal.

Our continuous contract symbology is a notation that maps to an actual, tradable instrument on any given date. The prices returned are real, unadjusted prices. We do not create a synthetic time series by adjusting the prices to remove jumps during rollovers.

I estimate the effects of FOMC announcements, post-FOMC press conferences, and speeches and Congressional testimony by the Fed Chair on stock prices, Treasury yields, and interest rate futures from 1988–2019. I show that for all but the very shortest-maturity interest rate futures, Fed Chair speeches are more important than FOMC announcements. My results suggest that the previous literature’s focus on FOMC announcements has ignored the most important source of variation in U.S. monetary policy.

This paper considers the effect of different dimensions of the FOMC's forward guidance on ex ante investor expectations about future changes in US Treasury yields. Options and Futures data for 2- and 10-year Treasuries is used to extract State-Price Densities of investor beliefs, and the corresponding standard deviation, skewness, and excess kurtosis of these densities are computed. Announcements about extension of the zero-lower bound in 2012-13 are found to reduce the expectations about crash risk, but increase the uncertainty about future yields for the 10-year. Policies about long-security purchases lead investors to place greater weight on no change in future yields.

United States Diffusion Index: sa: New York Fed: Future Capital Expenditures: Same data was reported at 57.300 NA in Jul 2018. This records a decrease from the previous number of 60.500 NA for Jun 2018. United States Diffusion Index: sa: New York Fed: Future Capital Expenditures: Same data is updated monthly, averaging 54.700 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 71.000 NA in Jun 2013 and a record low of 38.600 NA in Jan 2009. United States Diffusion Index: sa: New York Fed: Future Capital Expenditures: Same data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s USA – Table US.S009: Empire State Manufacturing Survey.

United States Diffusion Index: New York Fed: Future Capital Expenditures data was reported at 31.200 NA in Dec 2018. This records an increase from the previous number of 24.800 NA for Nov 2018. United States Diffusion Index: New York Fed: Future Capital Expenditures data is updated monthly, averaging 21.550 NA from Jul 2001 (Median) to Dec 2018, with 210 observations. The data reached an all-time high of 42.300 NA in Dec 2003 and a record low of -19.100 NA in Mar 2009. United States Diffusion Index: New York Fed: Future Capital Expenditures data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.S009: Empire State Manufacturing Survey.

United States Diffusion Index: sa: Kansas Fed: Future Capital Expenditure data was reported at 14.000 NA in Oct 2018. This records a decrease from the previous number of 36.000 NA for Sep 2018. United States Diffusion Index: sa: Kansas Fed: Future Capital Expenditure data is updated monthly, averaging 16.000 NA from Jul 2001 (Median) to Oct 2018, with 208 observations. The data reached an all-time high of 38.000 NA in Jul 2018 and a record low of -34.000 NA in Feb 2009. United States Diffusion Index: sa: Kansas Fed: Future Capital Expenditure data remains active status in CEIC and is reported by Federal Reserve Bank of Kansas City. The data is categorized under Global Database’s USA – Table US.S014: Tenth District Manufacturing Survey.

Turnover: CBOT: Financial Futures: 30 Day Fed Funds data was reported at 6,409,267.000 Contract in Oct 2018. This records an increase from the previous number of 4,107,006.000 Contract for Sep 2018. Turnover: CBOT: Financial Futures: 30 Day Fed Funds data is updated monthly, averaging 450,446.000 Contract from Oct 1988 (Median) to Oct 2018, with 361 observations. The data reached an all-time high of 7,305,556.000 Contract in May 2018 and a record low of 3,367.000 Contract in Jun 1990. Turnover: CBOT: Financial Futures: 30 Day Fed Funds data remains active status in CEIC and is reported by CME Group. The data is categorized under Global Database’s United States – Table US.Z021: CBOT: Futures: Turnover.

United States Diffusion Index: sa: New York Fed: Future Activity Index: Higher data was reported at 43.500 NA in Jul 2018. This records a decrease from the previous number of 50.200 NA for Jun 2018. United States Diffusion Index: sa: New York Fed: Future Activity Index: Higher data is updated monthly, averaging 52.300 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 74.800 NA in Apr 2002 and a record low of 16.800 NA in Sep 2001. United States Diffusion Index: sa: New York Fed: Future Activity Index: Higher data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s USA – Table US.S009: Empire State Manufacturing Survey.

United States Diffusion Index: sa: New York Fed: Future Activity Index data was reported at 31.100 NA in Jul 2018. This records a decrease from the previous number of 38.900 NA for Jun 2018. United States Diffusion Index: sa: New York Fed: Future Activity Index data is updated monthly, averaging 41.100 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 69.500 NA in Apr 2002 and a record low of -11.900 NA in Sep 2001. United States Diffusion Index: sa: New York Fed: Future Activity Index data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s USA – Table US.S009: Empire State Manufacturing Survey.

United States Diffusion Index: sa: New York Fed: Future Employment: Same data was reported at 63.900 NA in Jul 2018. This records an increase from the previous number of 53.600 NA for Jun 2018. United States Diffusion Index: sa: New York Fed: Future Employment: Same data is updated monthly, averaging 55.000 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 70.500 NA in Feb 2015 and a record low of 36.700 NA in Feb 2002. United States Diffusion Index: sa: New York Fed: Future Employment: Same data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s USA – Table US.S009: Empire State Manufacturing Survey.

United States Diffusion Index: sa: New York Fed: Future Delivery Time data was reported at 1.700 NA in Jul 2018. This records a decrease from the previous number of 5.400 NA for Jun 2018. United States Diffusion Index: sa: New York Fed: Future Delivery Time data is updated monthly, averaging -1.300 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 15.300 NA in Feb 2018 and a record low of -20.500 NA in Sep 2001. United States Diffusion Index: sa: New York Fed: Future Delivery Time data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s USA – Table US.S009: Empire State Manufacturing Survey.

United States Diffusion Index: sa: New York Fed: Future Delivery Time: Higher data was reported at 14.500 NA in Jul 2018. This records a decrease from the previous number of 17.800 NA for Jun 2018. United States Diffusion Index: sa: New York Fed: Future Delivery Time: Higher data is updated monthly, averaging 10.100 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 23.600 NA in Feb 2018 and a record low of 2.300 NA in Feb 2009. United States Diffusion Index: sa: New York Fed: Future Delivery Time: Higher data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s USA – Table US.S009: Empire State Manufacturing Survey.

United States Diffusion Index: sa: New York Fed: Future Delivery Time: Lower data was reported at 12.800 NA in Jul 2018. This records an increase from the previous number of 12.400 NA for Jun 2018. United States Diffusion Index: sa: New York Fed: Future Delivery Time: Lower data is updated monthly, averaging 11.800 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 23.200 NA in Jul 2008 and a record low of 3.300 NA in Jan 2012. United States Diffusion Index: sa: New York Fed: Future Delivery Time: Lower data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s USA – Table US.S009: Empire State Manufacturing Survey.

United States Diffusion Index: sa: Kansas Fed: Future New Orders for Exports data was reported at 8.000 NA in Jul 2018. This records an increase from the previous number of 7.000 NA for Jun 2018. United States Diffusion Index: sa: Kansas Fed: Future New Orders for Exports data is updated monthly, averaging 9.000 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 26.000 NA in Feb 2011 and a record low of -13.000 NA in Jan 2009. United States Diffusion Index: sa: Kansas Fed: Future New Orders for Exports data remains active status in CEIC and is reported by Federal Reserve Bank of Kansas City. The data is categorized under Global Database’s USA – Table US.S013: Tenth District Manufacturing Survey.

United States Diffusion Index: sa: Kansas Fed: Future Prices Paid for Raw Material data was reported at 68.000 NA in Jul 2018. This records an increase from the previous number of 67.000 NA for Jun 2018. United States Diffusion Index: sa: Kansas Fed: Future Prices Paid for Raw Material data is updated monthly, averaging 46.000 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 80.000 NA in Jun 2008 and a record low of -13.000 NA in Apr 2009. United States Diffusion Index: sa: Kansas Fed: Future Prices Paid for Raw Material data remains active status in CEIC and is reported by Federal Reserve Bank of Kansas City. The data is categorized under Global Database’s USA – Table US.S013: Tenth District Manufacturing Survey.

United States Diffusion Index: sa: New York Fed: Future Avg Workweek: Same data was reported at 73.500 NA in Jul 2018. This records an increase from the previous number of 69.000 NA for Jun 2018. United States Diffusion Index: sa: New York Fed: Future Avg Workweek: Same data is updated monthly, averaging 69.300 NA from Jul 2001 (Median) to Jul 2018, with 205 observations. The data reached an all-time high of 80.700 NA in Oct 2013 and a record low of 45.500 NA in Oct 2009. United States Diffusion Index: sa: New York Fed: Future Avg Workweek: Same data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s USA – Table US.S009: Empire State Manufacturing Survey.

United States Diffusion Index: New York Fed: Future Employment data was reported at 16.800 NA in Nov 2018. This records an increase from the previous number of 9.200 NA for Oct 2018. United States Diffusion Index: New York Fed: Future Employment data is updated monthly, averaging 17.800 NA from Jul 2001 (Median) to Nov 2018, with 209 observations. The data reached an all-time high of 37.100 NA in Feb 2004 and a record low of -23.600 NA in Mar 2009. United States Diffusion Index: New York Fed: Future Employment data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.S009: Empire State Manufacturing Survey.