The benchmark interest rate in the United States was last recorded at 3.75 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.

In 2026, the federal funds effective rate continued its downward adjustment as the Federal Reserve advanced its policy easing cycle. After the beginning of 2025 at **** percent following a January rate cut, the rate remained unchanged until September 2025, when it was reduced to **** percent. Additional easing followed late in the year, with the rate lowered to **** percent in November and further reduced to **** percent in December, reflecting a sustained shift toward accommodative monetary policy. This phase of rate reductions followed a prolonged period of elevated interest rates that began after the COVID-19 pandemic. In early 2020, the federal funds effective rate was sharply reduced in response to the economic shock caused by the pandemic, falling from **** percent in February 2020 to **** percent in March and reaching **** percent by April. These emergency cuts, combined with the quantitative easing program, were designed to stabilize financial markets and support economic activity. The rate remained near zero for nearly two years before the Federal Reserve initiated a tightening cycle in early 2022, raising the rate from **** percent in April 2022 to a peak of **** percent in August 2023. After holding rates steady for more than a year, the Federal Reserve began reversing course in September 2024, cutting the rate to **** percent, followed by a further reduction to **** percent in December 2024, marking the start of a broader policy pivot that continued through 2025 and into 2026, reaching **** percent in February 2026. 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 Interest rate adjustments following the COVID-19 pandemic reflected a largely coordinated global response. In early 2020, central banks worldwide adopted aggressive monetary easing to counter the economic shock, with the Federal Reserve cutting the federal funds rate from **** percent in February to **** percent by April, in line with actions taken globally. After rates remained near zero through 2021, rising inflation triggered a synchronized tightening cycle beginning in 2022. As inflation moderated, central banks - including the Federal Reserve, the Bank of England, and the European Central Bank - began cutting rates in mid-2024. This shift toward easing broadened in 2025, with interest rates reduced in most countries.

View data of the Effective Federal Funds Rate, or the interest rate depository institutions charge each other for overnight loans of funds.

Effective Federal Funds Rate in the United States remained unchanged at 3.64 percent on Wednesday March 25. This dataset includes a chart with historical data for the United States Effective Federal Funds Rate.

Graph and download economic data for Federal Funds Target Range - Upper Limit (DFEDTARU) from 2008-12-16 to 2026-03-28 about federal, interest rate, interest, rate, and USA.

The benchmark interest rate in Canada was last recorded at 2.25 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Monthly and long-term United States Interest Rate data: historical series and analyst forecasts curated by FocusEconomics.

A time-series dataset showing how mortgage rates reacted to major Federal Reserve rate cuts, including basis point changes and economic context.

The benchmark interest rate in India was last recorded at 5.25 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fed Funds Interest Rate - Historical chart and current data through 2026.

Monthly US economic indicators covering the COVID-19 pandemic period and central bank response. This dataset tracks the Federal Reserve's emergency rate cuts (from 2.4% to near 0% in April 2020) and subsequent monetary policy normalization through 2025.

Features: - FEDFUNDS: Federal Funds Interest Rate (source: FRED) - CPI: Consumer Price Index (source: BLS) - DJIA: Dow Jones Industrial Average (source: FRED) - HOUST: New Privately-Owned Housing Units Started (source: Census Bureau)

Unique value: Includes stock market data (DJIA) alongside traditional economic indicators, enabling analysis of monetary policy transmission to equity markets with lagged effects.

Data collected from official US government sources via FRED API.

Dataset Overview

A comprehensive monthly record of central bank policy interest rates for 49 central banks spanning January 1945 to February 2026, sourced directly from the Bank for International Settlements (BIS) official statistical API.

Covers major central banks including the Federal Reserve, European Central Bank, Bank of England, Bank of Japan, People's Bank of China, and 44 others across Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

Each record includes the official policy rate, derived rate change in basis points, rate cycle classification (Hiking / Cutting / Holding High / Holding Low), rate regime label (Negative / Near Zero / Accommodative / Neutral / Restrictive / Very Restrictive), cumulative change since January 2022, spread vs the US Federal Reserve, 3 and 12-month rolling averages, all-time high/low flags, crisis period flags (GFC, COVID, 2022–23 Hiking Cycle), and historical era labels spanning the Bretton Woods Era through the current Rate Cutting Cycle.

24,454 records. 100% completeness across all critical fields. All math independently verified — rate changes, cumulative BPS, rolling averages, and spread calculations confirmed correct.

Data Science Applications

• Time series forecasting: predict rate decisions using rolling averages, cycle phase, and spread vs Fed
• Clustering: group central banks by rate behaviour patterns across decades
• Event study analysis: measure rate response to GFC, COVID, and the 2022-23 inflation shock
• Correlation analysis: cross-country rate synchronisation and divergence during hiking and cutting cycles
• Regime detection: classify monetary policy stance using rate_regime and rate_cycle features
• EDA: 80 years of global monetary policy across 7 world regions

COLUMN DESCRIPTORS

date — First day of month (ISO YYYY-MM-DD) time_period — Month string (YYYY-MM) year / month / month_name — Date components quarter — Q1–Q4 decade — Decade label (e.g. 1970s) era — Historical monetary policy era country_code — ISO 2-letter country code country_name — Full country name central_bank — Official central bank name region — World region (7 categories) continent — Continent capital — Country capital city population — Country population (2024) currency — Official currency name and code policy_rate_pct — Official policy rate (% per annum) rate_change_bps — MoM rate change in basis points rate_change_direction — Hike / Cut / Hold / First Record rate_cycle — Hiking / Cutting / Holding High / Holding Low / Holding rate_regime — Negative Rate / Near Zero / Accommodative / Neutral / Restrictive / Very Restrictive / Emergency High cumulative_change_since_2022_bps — Cumulative rate change since Jan 2022 (bps) rate_jan2022_base — Policy rate as of January 2022 (baseline) rate_3m_avg — 3-month rolling average rate rate_12m_avg — 12-month rolling average rate rate_12m_max — 12-month rolling maximum rate rate_12m_min — 12-month rolling minimum rate is_all_time_high — 1 if rate is a new all-time high is_all_time_low — 1 if rate is a new all-time low spread_vs_fed_bps — Rate spread vs US Federal Reserve (bps) fed_rate — US Federal Reserve rate at same date gfc_period — 1 if date falls in GFC (2008-2009) covid_period — 1 if date falls in COVID era (2020-2021) hike_cycle_2022_23 — 1 if date falls in global hiking cycle rate_description — BIS rate description for this series rate_notes — BIS compilation methodology notes source_institution — Central bank and BIS as data source data_source — BIS WS_CBPOL v1 retrieved_date — Date data was retrieved build_timestamp — Full build timestamp row_completeness_pct — % of critical fields populated

ACKNOWLEDGEMENTS

Bank for International Settlements (BIS) — Central Bank Policy Rates WS_CBPOL Dataset, BIS Statistical API v1 https://stats.bis.org

REST Countries API — country metadata https://restcountries.com

All BIS data is publicly available under open access terms.

Dataset tracking implied interest rate expectations for the European Central Bank and the Federal Reserve based on futures markets.

The benchmark interest rate in Japan was last recorded at 0.75 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in the United Kingdom was last recorded at 3.75 percent. This dataset provides - United Kingdom Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Inflation Fears Drive Fed Rate Hike Speculation

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

The benchmark interest rate In the Euro Area was last recorded at 2.15 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Data was cleaned and prepared for a data visualization comparing the Federal Funds Rate to the 10-Year Breakeven Inflation Rate. The purpose of this project was to visualize a perspective of the Federal Reserve. With the Federal Reserve raising rates to control inflation, many are debating when will the Federal Reserve pause raising rates or cut rates. The 10-Year Breakeven Inflation Rate is still well above the Federal Reserve's FAIT (Flexible Average Inflation Targeting) of 2% for that reason the Federal Reserve still has room to play with the Funds Rate.

Graph and download economic data for Personal Saving Rate (PSAVERT) from Jan 1959 to Jan 2026 about savings, personal, rate, and USA.