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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 Apr 2021 0.07 ±0.00
1 May 2021 0.07 ±0.084
2 Jun 2021 0.07 ±0.10
3 Jul 2021 0.08 ±0.11
4 Aug 2021 0.08 ±0.12
5 Sep 2021 0.08 ±0.12
6 Oct 2021 0.08 ±0.13
7 Nov 2021 0.08 ±0.13
8 Dec 2021 0.08 ±0.13

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Chart of U.S. FRB Fed Funds Rate

Percent Per Year. Includes Current Prediction.

Chart of Fed Funds Rate with Forecast

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.

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Current Interest Rates
May 07, 2021
Indicator Rate, %
Prime Rate 3.25
30 Year Treasury Bond 2.28
10 Year Treasury Note 1.60
91 Day Treasury Bill 0.02
Fed Funds 0.06
3 Month LIBOR (USD) 0.16
30 Year Mortgage Rate 2.96

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