Interest Rates: Other Long Term Rates and Yields: Housing: Mortgage Rates for Luxembourg
Annual
IRLOHO02LUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.62
Year-over-Year Change
-18.85%
Date Range
1/1/1987 - 1/1/2022
Summary
The Annual trend measures the annual rate of change in overnight interest rates in the United States. This metric is closely watched by economists and policymakers as an indicator of monetary policy and economic conditions.
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 Annual trend tracks the year-over-year percent change in the Effective Federal Funds Rate, which is the primary tool used by the Federal Reserve to influence short-term interest rates and stimulate or cool the economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on national banking and interbank lending activities.
Historical Context
The Annual trend is a key input for economic analysis and policymaking, as movements in short-term interest rates have widespread impacts on consumer and business borrowing, investment, and overall economic activity.
Key Facts
- The Annual trend reached a peak of 5.25% in 2007.
- The trend turned negative during the 2008-2009 financial crisis.
- The Federal Reserve has maintained a near-zero target rate since 2008 to stimulate the economy.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in the Effective Federal Funds Rate, which is the primary short-term interest rate targeted by the Federal Reserve.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a critical indicator of monetary policy and economic conditions, as movements in short-term interest rates impact consumer and business borrowing, investment, and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on national banking and interbank lending activities.
Q: How is this trend used in economic policy?
A: The Annual trend is a key input for economic analysis and policymaking, as the Federal Reserve uses changes in short-term interest rates to influence employment, inflation, and overall economic conditions.
Q: Are there update delays or limitations?
A: The Annual data is published monthly by the Federal Reserve with minimal delays, providing timely insights into the direction of monetary policy and the broader economy.
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Citation
U.S. Federal Reserve, Annual (IRLOHO02LUA156N), retrieved from FRED.