The Financial Forecast Center™
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|Month||Date||Forecast Value||Avg Error|
Updated Oct 2017
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.
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.
|October 19, 2017 (Close of Day)|
|30 Year Treasury Bond||2.83|
|10 Year Treasury Note||2.33|
|91 Day Treasury Bill||1.10|
|3 Month LIBOR||1.36|
|Mortgage Rate 30 Year||3.88|