Monetary interest paid: Government: Federal
Y669RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
877.14
Year-over-Year Change
170.16%
Date Range
1/1/1960 - 1/1/2023
Summary
This economic trend measures the total monetary interest paid by the U.S. federal government. It is a key metric for understanding the government's debt servicing costs and fiscal policy stance.
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 'Monetary interest paid: Government: Federal' series tracks the total interest payments made by the U.S. federal government on its outstanding debt. This data point is used by economists and policymakers to analyze the government's borrowing costs and the impact of interest rate changes on the federal budget.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This metric informs discussions around federal fiscal policy, government debt sustainability, and the macroeconomic impact of interest rate movements.
Key Facts
- Interest payments are a major component of the federal budget.
- Rising interest costs can crowd out other government spending.
- This data is released quarterly as part of the National Income and Product Accounts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary interest paid by the U.S. federal government on its outstanding debt and borrowing.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the government's debt servicing costs and the impact of interest rate changes on the federal budget.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: This metric informs discussions around federal fiscal policy, government debt sustainability, and the macroeconomic impact of interest rate movements.
Q: Are there update delays or limitations?
A: This data is released quarterly as part of the National Income and Product Accounts, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Monetary interest paid: Government: Federal (Y669RC1A027NBEA), retrieved from FRED.