Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High (FEDTARRHLR) from 2015-06-17 to 2025-03-19 about projection, federal, rate, and USA.

Graph and download economic data for Federal Funds Target Range - Upper Limit (DFEDTARU) from 2008-12-16 to 2025-03-26 about federal, interest rate, interest, rate, and USA.

Historical dataset of the daily level of the federal funds rate back to 1954. The fed funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis. The Federal Open Market Committee (FOMC) meets eight times a year to determine the federal funds target rate.

The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest 0.9 trillion U.S. dollars at the end of 2007, it ballooned to approximately 6.76 trillion U.S. dollars by March 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached eight percent in 2022, the highest since 1991. However, by November 2024, inflation had declined to 2.7 percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at 5.33 percent in August 2023, before the first rate cut since September 2021 occurred in September 2024. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of 114.3 billion U.S. dollars, a stark contrast to the 58.84 billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over 281 billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of 174.53 billion U.S. dollars in the same year.

The U.S. federal funds rate peaked in 2023 at its highest level since the 2007-08 financial crisis, reaching 5.33 percent by December 2023. A significant shift in monetary policy occurred in the second half of 2024, with the Federal Reserve implementing regular rate cuts. By December 2024, the rate had declined to 4.48 percent. What is a central bank rate? The federal funds rate determines the cost of overnight borrowing between banks, allowing them to maintain necessary cash reserves and ensure financial system liquidity. When this rate rises, banks become more inclined to hold rather than lend money, reducing the money supply. While this decreased lending slows economic activity, it helps control inflation by limiting the circulation of money in the economy. Historic perspective The federal funds rate historically follows cyclical patterns, falling during recessions and gradually rising during economic recoveries. Some central banks, notably the European Central Bank, went beyond traditional monetary policy by implementing both aggressive asset purchases and negative interest rates.

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

United States Median Wage Growth: 3-Mo Mov Avg: 25/20 Trimmed Mean data was reported at 3.900 % in Jan 2025. This records a decrease from the previous number of 4.000 % for Dec 2024. United States Median Wage Growth: 3-Mo Mov Avg: 25/20 Trimmed Mean data is updated monthly, averaging 3.700 % from Mar 1997 (Median) to Jan 2025, with 335 observations. The data reached an all-time high of 6.800 % in Jul 2022 and a record low of 1.700 % in Nov 2010. United States Median Wage Growth: 3-Mo Mov Avg: 25/20 Trimmed Mean data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s United States – Table US.G108: Atlanta Fed Wage Growth Tracker: 3-Month Moving Average.

United States - Federal Government Defined Benefit Pension Plans: Current receipts, accrual basis: Income receipts on assets: Interest was 150.16500 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Federal Government Defined Benefit Pension Plans: Current receipts, accrual basis: Income receipts on assets: Interest reached a record high of 165.51700 in January of 2014 and a record low of 0.08500 in January of 1929. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal Government Defined Benefit Pension Plans: Current receipts, accrual basis: Income receipts on assets: Interest - last updated from the United States Federal Reserve on March of 2025.

Real Mean Family Income in Northeast Census Region was 129391.00000 2015 CPI-U-RS Adjusted $ in January of 2020, according to the United States Federal Reserve. Historically, Real Mean Family Income in Northeast Census Region reached a record high of 135088.00000 in January of 2019 and a record low of 65497.00000 in January of 1967. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Mean Family Income in Northeast Census Region - last updated from the United States Federal Reserve on March of 2025.

United States - Federal Government Defined Benefit Pension Plans: Current receipts, accrual basis: Income receipts on assets: Interest: Imputed interest on plans' claims on employers was 62.74100 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Federal Government Defined Benefit Pension Plans: Current receipts, accrual basis: Income receipts on assets: Interest: Imputed interest on plans' claims on employers reached a record high of 126.46400 in January of 2014 and a record low of 0.08000 in January of 1929. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal Government Defined Benefit Pension Plans: Current receipts, accrual basis: Income receipts on assets: Interest: Imputed interest on plans' claims on employers - last updated from the United States Federal Reserve on March of 2025.

Mean Commuting Time for Workers (5-year estimate) in Westchester County, NY was 34.66778 Minutes in January of 2023, according to the United States Federal Reserve. Historically, Mean Commuting Time for Workers (5-year estimate) in Westchester County, NY reached a record high of 35.26590 in January of 2020 and a record low of 31.63243 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Mean Commuting Time for Workers (5-year estimate) in Westchester County, NY - last updated from the United States Federal Reserve on March of 2025.

Mean Commuting Time for Workers (5-year estimate) in Carroll County, GA was 29.72597 Minutes in January of 2023, according to the United States Federal Reserve. Historically, Mean Commuting Time for Workers (5-year estimate) in Carroll County, GA reached a record high of 29.72597 in January of 2023 and a record low of 27.63290 in January of 2015. Trading Economics provides the current actual value, an historical data chart and related indicators for Mean Commuting Time for Workers (5-year estimate) in Carroll County, GA - last updated from the United States Federal Reserve on March of 2025.

Posted quarterly, using FDCCI Task Force data reported to OMB through the quarterly Integrated Data Collection (IDC) deadline. Federal Data Center Consolidation Initiative (FDCCI) Data Center Closures 2010-2015. Under the FDDCI, agencies have categorized their agency data center populations into two categories: core and non-core. The government is closing 40% of agency-identified, non-core data centers, while optimizing agency-identified core-data centers, according to a series of total cost of ownership metrics (see OMB M-13-09 and OMB M-14-08). This dataset reflects information only for agency-identified, non-core closures. All questions or inquiries should be directed to the specific agencies. The FY2010 through FY2015 dataset provides a list of planned or closed data centers by agency and by city/state location since the FDCCI started. Please note ?OTHER? is listed for data centers in cloud, co-located or managed service data centers, where square footage is unavailable. See related information about the FDCCI, including the definition of a data center and other FAQs at http://cio.gov/fdcci.

Graph and download economic data for Federal Government Defined Contribution Retirement Funds; Treasury Securities Held by Thrift Savings Plan F Fund; Asset, Revaluation (BOGZ1FR343061113Q) from Q4 1946 to Q4 2024 about thrifts, retirement, revaluation, contributions, savings, securities, Treasury, federal, assets, depository institutions, and USA.

This table is a subsidiary table for Means of Financing the Deficit or Disposition of Surplus by the U.S. Government, providing a detailed view of transactions and account balances for agency programs that borrow from the United States Treasury or from the Federal Financing Bank. This table includes total and subtotal rows that should be excluded when aggregating data. Some rows represent elements of the dataset's hierarchy, but are not assigned values. The classification_id for each of these elements can be used as the parent_id for underlying data elements to calculate their implied values. Subtotal rows are available to access this same information.

Mean Commuting Time for Workers (5-year estimate) in Tompkins County, NY was 20.50679 Minutes in January of 2023, according to the United States Federal Reserve. Historically, Mean Commuting Time for Workers (5-year estimate) in Tompkins County, NY reached a record high of 20.50679 in January of 2023 and a record low of 17.75467 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Mean Commuting Time for Workers (5-year estimate) in Tompkins County, NY - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Trimmed Mean PCE Inflation Rate (PCETRIM12M159SFRBDAL) from Jan 1978 to Jan 2025 about trimmed mean, average, PCE, consumption expenditures, consumption, personal, inflation, rate, and USA.

United States - Federal Government Defined Benefit Pension Plans: Effect of participation in defined benefit plans on personal income, saving, and wealth: Household actual contributions was 7.17000 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Federal Government Defined Benefit Pension Plans: Effect of participation in defined benefit plans on personal income, saving, and wealth: Household actual contributions reached a record high of 7.17000 in January of 2023 and a record low of 0.02900 in January of 1929. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal Government Defined Benefit Pension Plans: Effect of participation in defined benefit plans on personal income, saving, and wealth: Household actual contributions - last updated from the United States Federal Reserve on March of 2025.

United States - Federal Government Defined Benefit Pension Plans: Effect of participation in defined benefit plans on personal income, saving, and wealth: Change in personal wealth was 243.91700 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Federal Government Defined Benefit Pension Plans: Effect of participation in defined benefit plans on personal income, saving, and wealth: Change in personal wealth reached a record high of 243.91700 in January of 2023 and a record low of 0.34100 in January of 1929. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal Government Defined Benefit Pension Plans: Effect of participation in defined benefit plans on personal income, saving, and wealth: Change in personal wealth - last updated from the United States Federal Reserve on March of 2025.

View the total value of the assets of all Federal Reserve Banks as reported in the weekly balance sheet.