FRB Fed Funds Rate Forecast
Fed Funds Rate Forecast Values
FRB Interest Rate. Percent Per Year, Average of Month.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Oct 2024 | 4.83 | ±0.00 |
| 1 | Nov 2024 | 4.64 | ±0.08 |
| 2 | Dec 2024 | 4.58 | ±0.095 |
| 3 | Jan 2025 | 4.58 | ±0.10 |
| 4 | Feb 2025 | 4.08 | ±0.11 |
| 5 | Mar 2025 | 3.56 | ±0.11 |
| 6 | Apr 2025 | 2.58 | ±0.12 |
| 7 | May 2025 | 1.13 | ±0.12 |
| 8 | Jun 2025 | 0.78 | ±0.12 |
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Chart of U.S. FRB Fed Funds Rate
Percent Per Year. Includes Current Prediction.
The U.S. Fed Funds Rate
The U. S. Federal Funds Rate is the interest rate a U.S. Federal Reserve depository institution (bank, S&L or Credit Union) will charge another bank to borrow their excess reserves held at the Federal Reserve. These reserves, or Federal Funds, are traded by banks (usually overnight) to meet their reserve requirements or enable the clearing of financial transactions.
Other Interest Rate Resources of Interest:
A long range forecast for the Fed Fund Rate and similar economic series is available by subscription:
Click here to subscribe to the Fed Fund Rate extended forecast.| November 19, 2024 | |
| Indicator | Rate, % |
|---|---|
| Prime Rate | 7.75 |
| 30 Year Treasury Bond | 4.54 |
| 10 Year Treasury Note | 4.39 |
| 91 Day Treasury Bill | 4.62 |
| Fed Funds | 4.58 |
| SOFR | 4.57 |
| 30 Year Mortgage Rate | 6.78 |