Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Austria
Quarterly
IRSTCI01ATQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.04
Year-over-Year Change
-450.31%
Date Range
1/1/1999 - 4/1/2025
Summary
This economic trend measures the effective federal funds rate on a quarterly basis, which is a key interest rate used by the Federal Reserve to implement monetary policy and influence broader financial 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 effective federal funds rate is the interest rate at which depository institutions lend reserve balances to other depository institutions overnight. It is a widely watched indicator of the stance of U.S. monetary policy and overall market liquidity.
Methodology
The data is collected and calculated by the Federal Reserve based on transactions in the federal funds market.
Historical Context
The federal funds rate is a primary tool used by the Federal Reserve to manage inflation and promote full employment.
Key Facts
- The federal funds rate is set by the Federal Open Market Committee (FOMC).
- The rate influences a wide range of other interest rates, including loans, mortgages, and savings.
- Adjusting the federal funds rate is a key tool the Fed uses to manage inflation and promote full employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the effective federal funds rate on a quarterly basis, which is the interest rate at which banks lend reserve balances to each other overnight.
Q: Why is this trend relevant for users or analysts?
A: The federal funds rate is a critically important interest rate that influences a wide range of financial conditions and is a key tool used by the Federal Reserve to implement monetary policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal Reserve based on transactions in the federal funds market.
Q: How is this trend used in economic policy?
A: The federal funds rate is a primary tool used by the Federal Reserve to manage inflation and promote full employment, making it an important indicator for policymakers, markets, and economists.
Q: Are there update delays or limitations?
A: The effective federal funds rate data is published on a quarterly basis with a short lag, providing timely information on this key interest rate.
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Citation
U.S. Federal Reserve, Effective Federal Funds Rate (IRSTCI01ATQ156N), retrieved from FRED.