Interest Rates: 3-Month or 90-Day Rates and Yields: Eurodollar Deposits: Total for Switzerland
IR3TED01CHM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.70
Year-over-Year Change
-17.65%
Date Range
1/1/1974 - 4/1/2022
Summary
This economic trend tracks the 3-month or 90-day interest rates and yields on Eurodollar deposits in Switzerland. It provides insight into the short-term cost of capital and liquidity conditions in the Swiss financial market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 3-month Eurodollar deposit rate in Switzerland is a key indicator of short-term credit conditions and liquidity in the Swiss economy. It reflects the interest rate at which large, creditworthy banks lend U.S. dollars to each other outside of the United States.
Methodology
This data is collected and calculated by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts use this trend to assess monetary policy and financial market conditions.
Key Facts
- The 3-month Eurodollar rate in Switzerland averaged 0.95% in 2022.
- This trend reached a high of 5.11% in October 2008 during the global financial crisis.
- Eurodollar deposits are U.S. dollar-denominated deposits held by banks outside of the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 3-month or 90-day interest rates and yields on Eurodollar deposits in Switzerland. It reflects the cost of short-term borrowing in U.S. dollars for banks in the Swiss financial system.
Q: Why is this trend relevant for users or analysts?
A: The 3-month Eurodollar rate in Switzerland is an important indicator of credit conditions and liquidity in the Swiss economy. It provides insight into the short-term cost of capital and can be used by policymakers and analysts to assess monetary policy and financial market dynamics.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor short-term interest rates and liquidity conditions in the Swiss financial market, which can inform monetary policy decisions and assessments of economic performance.
Q: Are there update delays or limitations?
A: The 3-month Eurodollar rate in Switzerland is updated regularly by the U.S. Federal Reserve, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Interest Rates: 3-Month or 90-Day Rates and Yields: Eurodollar Deposits: Total for Switzerland (IR3TED01CHM156N), retrieved from FRED.