WebDec 14, 2024 · The current fed funds rate, set in December 2024, is the range 4.25% to 4.50%. The Federal Reserve tends to keep the fed funds rate within a 2.0% to 5.0% sweet spot that helps maintain a healthy … WebThe Discount Rate. The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility—the discount window. The Federal Reserve Banks offer three types of credit to depository institutions: primary credit, secondary credit, and ...
Federal Funds Effective Rate (FF) FRED St. Louis Fed
WebApr 5, 2024 · The federal funds rate is the central interest rate in the U.S. financial market. It influences other interest rates such as the prime rate, which is the rate banks charge their customers with higher credit ratings. Additionally, the federal funds rate indirectly influences longer- term interest rates such as mortgages, loans, and savings, all ... WebMar 23, 2024 · As of March 22, 2024, the current prime rate is 8.00% in the U.S., according to The Wall Street Journal’s Money Rates table. This source aggregates the most common prime rates charged throughout ... how many miles per gallon of gas on average
FRB Rates - discount, fed funds, primary credit
WebThis is a list of historical rate actions by the United States Federal Open Market Committee (FOMC). ... FOMC Federal Funds Rate History; Date Fed. Funds Rate Discount Rate Votes Notes March 22, 2024 4.75%–5.00% 5.00% 11–0 Official statement: February 1, … Web20 hours ago · After a historical rate plunge in August 2024, mortgage rates skyrocketed in the first half of 2024. Indeed, the 30-year average's mid-June peak of 6.38% was almost 3.5 percentage points above its ... http://primerate.fedprimerate.com/2024/12/ how are snooker balls made youtube