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.

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.

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

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.

The benchmark interest rate in Australia was last recorded at 3.85 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

United States Interest Rate Swaps: Mth Avg: 3 Year data was reported at 3.075 % pa in Nov 2018. This records a decrease from the previous number of 3.112 % pa for Oct 2018. United States Interest Rate Swaps: Mth Avg: 3 Year data is updated monthly, averaging 2.227 % pa from Jul 2000 (Median) to Nov 2018, with 221 observations. The data reached an all-time high of 7.136 % pa in Jul 2000 and a record low of 0.460 % pa in Nov 2012. United States Interest Rate Swaps: Mth Avg: 3 Year data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.M014: Interest Rate: Swaps Rates.

The benchmark interest rate in India was last recorded at 5.50 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in China was last recorded at 3 percent. This dataset provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

We use Bayesian methods to estimate changes in US post-war monetary policy in the Smets and Wouters model. We perform the estimations by allowing for a break in monetary policy at the time of Volcker's appointment as chairman. This enables us to capture changes in the monetary policy regime introduced by Volcker during the Volcker-Greenspan period. We find support for the assumption that monetary policy in the Volcker-Greenspan period performed optimally under commitment. Our estimation strategy allows us to estimate the preferences of the US Federal Reserve in the Volcker-Greenspan period, where the main objective of policy appears to be inflation, followed by interest rate stabilization, output growth and interest rate smoothing. We find that the Great Moderation of output growth is explained by a combination of two factors: the decrease in the volatility of the structural shocks and the improved monetary policy conduct. Inflation Stabilization, however, is mainly due to the change in monetary policy that took place at the beginning of Volcker's mandate.

United States Interest Rate Swaps: Mth Avg: 7 Year data was reported at 3.114 % pa in Nov 2018. This records a decrease from the previous number of 3.160 % pa for Oct 2018. United States Interest Rate Swaps: Mth Avg: 7 Year data is updated monthly, averaging 3.150 % pa from Jul 2000 (Median) to Nov 2018, with 221 observations. The data reached an all-time high of 7.199 % pa in Jul 2000 and a record low of 1.190 % pa in Nov 2012. United States Interest Rate Swaps: Mth Avg: 7 Year data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.M014: Interest Rate: Swaps Rates.

United States Interest Rate Swaps: Mth Avg: 5 Year data was reported at 3.085 % pa in Nov 2018. This records a decrease from the previous number of 3.135 % pa for Oct 2018. United States Interest Rate Swaps: Mth Avg: 5 Year data is updated monthly, averaging 2.826 % pa from Jul 2000 (Median) to Nov 2018, with 221 observations. The data reached an all-time high of 7.167 % pa in Jul 2000 and a record low of 0.785 % pa in Nov 2012. United States Interest Rate Swaps: Mth Avg: 5 Year data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.M014: Interest Rate: Swaps Rates.

The benchmark interest rate in Canada was last recorded at 2.75 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interactive chart showing the daily 1 year treasury yield back to 1962. The values shown are daily data published by the Federal Reserve Board based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a one-year maturity.

The benchmark interest rate in Thailand was last recorded at 1.75 percent. This dataset provides - Thailand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States NREL: Average Effective Interest Rate: Other data was reported at 4.220 % in Sep 2018. This records a decrease from the previous number of 4.540 % for Jun 2018. United States NREL: Average Effective Interest Rate: Other data is updated quarterly, averaging 7.900 % from Mar 1977 (Median) to Sep 2018, with 167 observations. The data reached an all-time high of 20.100 % in Sep 1981 and a record low of 2.500 % in Jun 2014. United States NREL: Average Effective Interest Rate: Other data remains active status in CEIC and is reported by Federal Reserve Bank of Kansas City. The data is categorized under Global Database’s United States – Table US.KB013: Agriculture Financing: Non-Real Estate Loans to Farmers.

Interactive chart showing the daily 5 year treasury yield back to 1962. The values shown are daily data published by the Federal Reserve Board based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a five-year maturity.

United States FB: IL: Incl IBF: Memo: RL: Floating Interest Rates data was reported at 3.192 USD bn in Dec 2019. This records a decrease from the previous number of 3.313 USD bn for Sep 2019. United States FB: IL: Incl IBF: Memo: RL: Floating Interest Rates data is updated quarterly, averaging 2.350 USD bn from Mar 2013 (Median) to Dec 2019, with 28 observations. The data reached an all-time high of 3.313 USD bn in Sep 2019 and a record low of 1.175 USD bn in Jun 2013. United States FB: IL: Incl IBF: Memo: RL: Floating Interest Rates data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB046: Balance Sheet: Foreign Banks: Illinois.

United States FB: NY: Incl IBF: Memo: RL: Floating Interest Rates data was reported at 67.442 USD bn in Dec 2019. This records a decrease from the previous number of 71.299 USD bn for Sep 2019. United States FB: NY: Incl IBF: Memo: RL: Floating Interest Rates data is updated quarterly, averaging 65.261 USD bn from Mar 2013 (Median) to Dec 2019, with 28 observations. The data reached an all-time high of 80.043 USD bn in Jun 2019 and a record low of 42.485 USD bn in Dec 2013. United States FB: NY: Incl IBF: Memo: RL: Floating Interest Rates data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB044: Balance Sheet: Foreign Banks: New York.

Graph and download economic data for Interest Rates, Discount Rate for United States (INTDSRUSM193N) from Jan 1950 to Aug 2021 about discount, interest rate, interest, rate, and USA.