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.

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.

According to a survey conducted in October 2021 in Japan, the share of people participating in mountain climbing and hiking amounted to 7.7 percent. This was the lowest figure during the surveyed period.

According to a survey conducted in South Korea in 2019, around 67 percent of respondents in their 50s stated that they went hiking within the previous year. In total, half of the South Korean respondents enjoyed hiking within the previous year.

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 performance of the S&P 500 following Federal Funds rate hikes generally shows that the first three months after a hike is when the impact is most pronounced, often resulting in lower or even negative returns. This initial reaction likely reflects investor uncertainty and market adjustment to the new borrowing costs. However, as time progresses, returns tend to stabilize, with the 12-month period typically showing recovery and improvement. Notably, the rate hike on March 17, 2022, stands out as an exception, as it resulted in negative returns across all observed periods (three months, six months, and 12 months), underscoring the unique market conditions and investor sentiment at that time.

The global hiking apps market is projected to reach a value of USD XXX million by 2033, expanding at a CAGR of XX% from 2025 to 2033. The market is driven by the increasing popularity of outdoor activities, the growing adoption of smartphones and tablets, and the advancements in GPS technology. The demand for hiking apps is also expected to be fueled by the increasing awareness of the benefits of hiking, such as improved physical and mental health, and the desire for adventure and exploration. The market is segmented by application (private use, commercial use) and type (iOS, Android). The private use segment is expected to hold a larger market share due to the increasing number of individuals who use hiking apps for recreational purposes. The commercial use segment is expected to grow at a faster rate, as more businesses adopt hiking apps for safety and efficiency. The iOS segment is expected to hold a larger market share due to the popularity of the iOS operating system, while the Android segment is expected to grow at a faster rate, as more Android devices are being sold worldwide. The market is also segmented by region, with North America and Europe expected to hold the largest market shares. In today’s fast-paced world, hiking has become an increasingly popular way to escape the hustle and bustle of everyday life and reconnect with nature. Hiking apps have become essential tools for hikers of all levels, providing a wealth of information and features to enhance the hiking experience.

According to Cognitive Market Research, the global Trekking Gear market size is USD 5125.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031. North America held the major market share for more than 40% of the global revenue with a market size of USD 2050.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1537.56 million. Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1178.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031. Latin America had a market share for more than 5% of the global revenue with a market size of USD 256.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 102.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. The Hiking Apparel held the highest Trekking Gear market revenue share in 2024. Market Dynamics of Trekking Gear Market Key Drivers for Trekking Gear Market Increased Interest in Outdoor Activities to Increase the Demand Globally As human beings yearn for a reprieve from city monotony, there may be a surge in the quest to reconnect with nature. Trekking emerges as a favored road, presenting each undertaking and rejuvenation amidst numerous landscapes. This trend fuels a growing demand for specialised equipment tailor-made to out of doors adventures. From long-lasting backpacks to high-tech shoes, the market responds to lovers looking for reliable systems for their journeys. As more individuals are looking for solace and journey inside the high-quality outdoors, the enchantment of trekking continues to rise, fostering a network united by using exploration and a shared love for nature's wonders. Health and Wellness Trends to Propel Market Growth The burgeoning emphasis on fitness and health acts as a giant catalyst for the popularity of trekking. Recognized as an awesome shape workout, trekking no longer the handiest enhances physical health but also serves as a powerful stress reliever, drawing in fitness-aware individuals seeking holistic well-being. With its blend of cardiovascular advantages and mental rejuvenation, trekking emerges as a compelling choice for the ones prioritizing their fitness adventure. This alignment with well-being traits amplifies the attraction of trekking, positioning it as more than only a leisure pursuit but as an essential thing of a balanced lifestyle. As the pursuit of nicely-being continues to shape consumer conduct, trekking stands proud as a desired activity for fostering bodily power and intellectual resilience. Restraint Factor for the Trekking Gear Market High Cost of Gear to Limit the Sales The excessive fee of first-rate hiking equipment affords an impressive barrier, mainly for novice adventurers careful approximately upfront investments. While vital for safety and comfort, the fee can deter capability contributors from delving into hiking. This economic hurdle underscores the want for available answers, which include rental applications or budget-pleasant tools alternatives, to democratize outside interests. Initiatives like gear change platforms or network lending libraries can alleviate the load for learners, fostering inclusivity and expanding the reach of trekking reviews. By addressing affordability worries, the outdoor enterprise can dismantle boundaries to access, permitting more people to embark on their adventure of exploration and fostering a diverse and inclusive trekking network. Impact of Covid-19 on the Trekking Gear Market The COVID-19 pandemic appreciably impacted the hiking tools market, initially causing disruptions in manufacturing and supply chains, main to shortages and delays. Lockdowns and journey restrictions dampened purchaser calls, specifically for non-critical objects like specialized out of doors equipment. However, as regulations eased and people sought secure outdoor activities, there has been a resurgence in interest in trekking, driving a sluggish healing within the marketplace. Consumer alternatives shifted in the direction of extra flexible and multi-purposeful equipment to evolve to changing tour and outside pastime...

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

According to a survey conducted in South Korea in 2019, around 54 percent of male respondents stated that they went hiking within the previous year. In total, half of the South Korean respondents enjoyed hiking within the previous year.

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.

Explore the reasons behind the surge in prescription drug prices in 2023, how it compares to previous years, and its impact on the healthcare industry.

This graph show how interest rates hikes by the U.S. Federal Reserve affect gold's price. While gold underperforms during the period leading up to rate hikes, its performance improves during the year after the interest rates increase.

Global Hiking market size 2025 was XX Million. Hiking Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

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.

Global Hiking And Trail Footwear market size 2025 was XX Million. Hiking And Trail Footwear Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

According to Cognitive Market Research, the global Nordic Walking Poles market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America market of more than 5%of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2.00% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Daily Exercise held the highest Nordic Walking Poles market revenue share in 2024.

Key Drivers of Nordic Walking Poles Market

Rising Awareness of Health and Fitness to Increase the Demand Globally

One key driver in the Nordic Walking Poles market is the increasing awareness of health and fitness among consumers. Nordic walking is a popular low-impact exercise that offers numerous health benefits, including improved cardiovascular health, enhanced muscle strength, and increased calorie burn. As more people become conscious of the importance of regular physical activity for overall well-being, the demand for Nordic walking poles as essential equipment for this activity rises. Additionally, Nordic walking is suitable for individuals of all ages and fitness levels, making it an attractive option for those looking to incorporate exercise into their daily routines.

Growing Outdoor Recreation and Tourism Industry to Propel Market Growth

Another key driver in the Nordic Walking Poles market is the expansion of the outdoor recreation and tourism industry. Nordic walking is increasingly popular among outdoor enthusiasts, hikers, and tourists seeking to explore nature while engaging in physical activity. Nordic walking poles provide stability, balance, and support, making them essential gear for outdoor adventures and trekking activities. Moreover, Nordic walking is a versatile activity that can be enjoyed in various natural landscapes, from parks and trails to mountains and coastal areas. As outdoor recreation continues to gain popularity worldwide, driven by the desire for adventure, stress relief, and connection with nature, the demand for Nordic walking poles surges, stimulating market growth in the Nordic Walking Poles market segment.

Restraint Factors of Nordic Walking Poles Market

Limited Awareness and Education to Limit the Sales

A significant restraint in the Nordic Walking Poles market is the limited awareness and education about the benefits and proper use of Nordic walking poles among potential consumers. While Nordic walking is gaining popularity, especially among older adults and fitness enthusiasts, there remains a lack of awareness about the specific benefits of using Nordic walking poles compared to traditional walking or hiking. Many individuals may not fully understand how Nordic walking poles can enhance their walking experience by engaging more muscles, improving posture, and reducing stress on joints. Furthermore, the absence of proper education and training on correct Nordic walking pole techniques may deter potential users from adopting this activity, thus restraining market growth. Manufacturers and industry stakeholders need to invest in educational campaigns and training programs to raise awareness and promote the benefits of Nordic walking poles, addressing this restraint effectively.

Impact of COVID-19 on Nordic Walking Poles Market

The COVID-19 pandemic has had a mixed impact on the Nordic Walking Poles market. Initially, the market experienced a decline in demand as lockdowns and travel restrictions limited outdoor activities and disrupted supply chains. Many retailers and distributors faced challenges in fulfilling orders, leading to a slowdown in sales. However, as the pandemic continued, there was a shift towards outdoor and recreational activities...

Global Hiking Accessories market size 2025 was XX Million. Hiking Accessories Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.