Federal Funds Rate - 62 Year Historical Chart - Macrotrends
The Federal Open Market Committee (FOMC) meets eight times a year to determine the federal funds target rate. The current federal funds rate as of October 17, 2024 is 4.83%.
Federal Funds Rate History 1990 to 2024 - Forbes
Sep 18, 2024 · Forbes Advisor has compiled this history as a handy guide to the course of the federal funds rate and the Federal Reserve’s monetary policy decisions since 1990. The Federal Reserve adjusts...
U.S. federal funds rate 1954-2024 | Statista
4 days ago · In early 2020, the U.S. federal funds rate dropped from 1.58 percent to 0.05 percent due to COVID-19. It rose gradually to 5.33 percent by October 2023.
Federal Funds Effective Rate (FEDFUNDS) - FRED | St. Louis Fed
Oct 1, 2024 · View data of the Effective Federal Funds Rate, or the interest rate depository institutions charge each other for overnight loans of funds.
Visualized: Past Interest Rate Cut Cycles and 2024 Forecasts
Jan 31, 2024 · This visualization from our 2024 Global Forecast Series uses data from the Federal Reserve to chart past interest rate cut cycles and visualizes forecasts by top banks and institutions on when they expect the first rate cut of 2024 and …
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · A chart shwoing the Federal funds target rate having decreased to 5.0 percent from 5.5 percent and what 19 Fed officials think that rate should be at the end of this year and next, which range...
What’s The Fed’s Next Move? | J.P. Morgan Research
Sep 24, 2024 · J.P. Morgan Research expects the Fed to cut rates by another 50 bp at its next meeting in early November. This diverges from the Fed’s “dot plot” — a chart that records each Fed official’s projection for short-term interest rates …
The Fed Makes a Large Rate Cut and Forecasts More to Come
Sep 18, 2024 · A chart shwoing the Federal funds target rate having decreased to 5.0 percent from 5.5 percent and what 19 Fed officials think that rate should be at the end of this year and next, which...
Fed Funds Rate History: Its Highs, Lows, and Charts - The Balance
Jun 20, 2024 · The fed funds rate has ranged anywhere from 0% to as high as 20% since 1971. Learn about the highs and lows, and the key economic events over time.
Chart: Fed Holds Steady, Cuts Back on Expected Cuts - Statista
Jun 13, 2024 · Staying true to its recent flip-flop course in terms of rate cut expectations, the Fed once again adjusted those expectations downwards, with FOMC members now forecasting just one rate...