United States Fed Funds Rate - 2022 Data - Trading Economics

Calendar TRADING ECONOMICS  DATA Downloadhistoricaldatafor20millionindicatorsusingyourbrowser. SubscriptionPlans |  Features  APIGATEWAY Directaccesstoourdatafromyourappsusinganyprograminglanguage. Features |  Documentation  ALERTS Manageyournotificationsforcalendarreleasesandfinancialmarkets. Alreadyauser?Login  LightMode  DarkMode Calendar News Markets Currencies Stocks Commodities Bonds Crypto Earnings Holidays Indicators Countries Indicators Heatmap Forecasts Countries Indicators Currencies Stocks Commodities Bonds Crypto UnitedStatesFedFundsRate2022Data-1971-2021Historical-2023Forecast  Summary  Calendar  Forecast  Stats  Alerts  Download Reducinginflationislikelytorequireasustainedperiodofbelow-trendgrowthbutfailuretorestorepricestabilitywouldmeanfargreaterpain,FedChairPowellsaidduringhisspeechattheJacksonHolesymposium.FedChairalsosaidthatanotherunusuallylargeincreasecouldbeappropriateatnextmeeting,butthedecisionforSeptemberwilldependonthetotalityoftheincomingdataandtheevolvingoutlook.Healsoaddedthatatsomepoint,asthestanceofmonetarypolicytightensfurther,itlikelywillbecomeappropriatetoslowthepaceofincreases.TheFederalReserveraisedthetargetrangeforthefedfundsrateby75bpsto2.25%-2.5%duringitsJuly2022meeting,thefourthconsecutiveratehike,andpushingborrowingcoststothehighestlevelsince2019.source:FederalReserve InterestRateintheUnitedStatesaveraged5.43percentfrom1971until2022,reachinganalltimehighof20percentinMarchof1980andarecordlowof0.25percentinDecemberof2008.Thispageprovidesthelatestreportedvaluefor-UnitedStatesFedFundsRate-pluspreviousreleases,historicalhighandlow,short-termforecastandlong-termprediction,economiccalendar,surveyconsensusandnews.UnitedStatesFedFundsRate-data,historicalchart,forecastsandcalendarofreleases-waslastupdatedonAugustof2022. InterestRateintheUnitedStatesisexpectedtobe2.75percentbytheendofthisquarter,accordingtoTradingEconomicsglobalmacromodelsandanalystsexpectations.Inthelong-term,theUnitedStatesFedFundsRateisprojectedtotrendaround3.75percentin2023,accordingtooureconometricmodels. 1Y 5Y 10Y 25Y MAX  Chart Column Line Area Spline Splinearea Trend Average(4) Histogram Variance Mean Maximum Minimum   Compare  Export  API  Embed Ok TradingEconomicsmemberscanview,downloadandcomparedatafromnearly200countries,includingmorethan20millioneconomicindicators,exchangerates,governmentbondyields,stockindexesandcommodityprices. Features Questions?Contactus AlreadyaMember?Login TheTradingEconomicsApplicationProgrammingInterface(API)providesdirectaccesstoourdata.ItallowsAPIclientstodownloadmillionsofrowsofhistoricaldata,toqueryourreal-timeeconomiccalendar,subscribetoupdatesandreceivequotesforcurrencies,commodities,stocksandbonds. APIFeatures Documentation Interested?Clickheretocontactus PleasePastethisCodeinyourWebsite
source:tradingeconomics.com width height  Preview Calendar GMT Reference Actual Previous Consensus TEForecast 2022-06-15 06:00PM FedInterestRateDecision 1.75% 1% 1.5% 1.75% 2022-06-15 06:00PM InterestRateProjection-Longer 2.5% 2.4% 2022-07-27 06:00PM FedInterestRateDecision 2.5% 1.75% 2.5% 2.5% 2022-08-29 06:15PM FedBrainardSpeech 2022-08-30 12:00PM FedBarkinSpeech 2022-08-30 03:00PM FedWilliamsSpeech Related Last Previous Unit Reference UnemploymentRate 3.50 3.60 percent Jul2022 InflationRate 8.50 9.10 percent Jul2022 InterestRate 2.50 1.75 percent Jul2022 MoneySupplyM1 20514.70 20545.40 USDBillion Jul2022 MoneySupplyM0 5536900.00 5506500.00 USDMillion Jul2022 MoneySupplyM2 21709.20 21667.50 USDBillion Jul2022 CentralBankBalanceSheet 8849762.00 8879138.00 USDMillion Aug2022 BanksBalanceSheet 22882.40 22773.30 USDBillion Aug2022 ForeignExchangeReserves 35947.00 36273.00 USDMillion Jul2022 LoanstoPrivateSector 2704.00 2661.89 USDBillion Jul2022 RepoRate 2.31 2.31 Aug2022 UnitedStatesFedFundsRate IntheUnitedStates,theauthoritytosetinterestratesisdividedbetweentheBoardofGovernorsoftheFederalReserve(Board)andtheFederalOpenMarketCommittee(FOMC).TheBoarddecidesonchangesindiscountratesafterrecommendationssubmittedbyoneormoreoftheregionalFederalReserveBanks.TheFOMCdecidesonopenmarketoperations,includingthedesiredlevelsofcentralbankmoneyorthedesiredfederalfundsmarketrate. Actual Previous Highest Lowest Dates Unit Frequency 2.50 1.75 20.00 0.25 1971-2022 percent Daily CompareInterestRatebyCountry NewsStream FedtoContinuetoTightentoBringInflationDown Reducinginflationislikelytorequireasustainedperiodofbelow-trendgrowthbutfailuretorestorepricestabilitywouldmeanfargreaterpain,FedChairPowellsaidduringhisspeechattheJacksonHolesymposium.FedChairalsosaidthatanotherunusuallylargeincreasecouldbeappropriateatnextmeeting,butthedecisionforSeptemberwilldependonthetotalityoftheincomingdataandtheevolvingoutlook.Healsoaddedthatatsomepoint,asthestanceofmonetarypolicytightensfurther,itlikelywillbecomeappropriatetoslowthepaceofincreases.TheFederalReserveraisedthetargetrangeforthefedfundsrateby75bpsto2.25%-2.5%duringitsJuly2022meeting,thefourthconsecutiveratehike,andpushingborrowingcoststothehighestlevelsince2019. 2022-08-26 FedSticksWithAggressiveMonetaryTightening FederalReserveofficialsmaintainedtheirhawkishviewandwerecommittedtogettinginflationbacktoits2%target,minutesfromtheJuly26-27meetingshowed.Participantsatthesessionsaidthatforthecentralbanktoscalebackitsratehikes,inflationreportsduetobereleasedbeforethenextmeetingwouldneedtoconfirmthatthepaceofpricegrowthwascooling.Policymakershave,however,constantlyavoidedputtingexactnumbersonthesizeofthenextratehikeinSeptember.Theminutesalsonotedthatasthestanceofmonetarypolicytightensfurther,atsomepoint,itwouldlikelybecomeappropriatetoslowthepaceofpolicyrateincreasesandgaugetheeffectsofsuchtighteningongrowthandinflation.TheFedhaslifteditsbenchmarkovernightinterestrateby225pointsthisyeartoatargetrangeof2.25%to2.50%. 2022-08-17 FedRaisesRatesby75bps TheFederalReserveraisedthetargetrangeforthefedfundsrateby75bpsto2.25%-2.5%duringitsJuly2022meeting,thefourthconsecutiveratehike,andpushingborrowingcoststothehighestlevelsince2019,matchingmarketforecasts.ThecentralbanksaidthatongoingincreasesinthetargetrangewillbeappropriateandthatitispreparedtoadjustthestanceofmonetarypolicyifrisksemergethatcouldimpedetheattainmentoftheCommittee'sgoals.Duringtheregularpressconference,ChairPowellsaidhecouldnotpredictmonetarypolicyrangefornextyearandthatnextdecisionswillbedatadependent.Powellalsosaidthecentralbankwillbelookingformoderatelyrestrictivelevelbytheendoftheyear,meaninga3%to3.5%levelforthefedfundsrate. 2022-07-27 Related USFuturesExtendLossesonFedJitters WeekAhead USDollarRecovers,Approaches20-YearHigh US10-YearBondYieldApproaches2-MonthHigh FedtoContinuetoTightentoBringInflationDown USConsumerSentimentRevisedHigherinAugust USTradeGoodsGapNarrowsinJuly USPCEPricesFallinJuly CorePCEInflationSlowsMorethanExpected USJulyWholesaleInventoriesRiseLess Latest USFuturesExtendLossesonFedJitters WeekAhead ChinaIndustrialProfitsFall CrudeOilCloses3%HigherOntheWeek ItalianBondYieldsClimbFurther USDollarRecovers,Approaches20-YearHigh ItalianStocksDeclineSharply IBEX35SlipsNear1-MonthLows RussianStocksHit2-MonthHigh SouthAfricanStocksEndSlightlyDown UnitedStates UnitedStates UnitedKingdom Euroarea China Afghanistan Albania Algeria Andorra Angola AntiguaandBarbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia Botswana Brazil Brunei Bulgaria BurkinaFaso Burundi Cambodia Cameroon Canada CapeVerde CaymanIslands CentralAfricanRepublic Chad ChannelIslands Chile China Colombia Comoros Congo CostaRica CotedIvoire Croatia Cuba Cyprus CzechRepublic Denmark Djibouti Dominica DominicanRepublic EastAsiaandPacific EastTimor Ecuador Egypt ElSalvador EquatorialGuinea Eritrea Estonia Ethiopia Euroarea EuropeanUnion 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