Fed Funds Rate Forecast
Fed Funds Rate Forecast Values
Interest Rate. Percent, Average of Month.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | May 2021 | 0.06 | ±0.00 |
| 1 | Jun 2021 | 0.05 | ±0.084 |
| 2 | Jul 2021 | 0.05 | ±0.10 |
| 3 | Aug 2021 | 0.05 | ±0.11 |
| 4 | Sep 2021 | 0.05 | ±0.12 |
| 5 | Oct 2021 | 0.07 | ±0.12 |
| 6 | Nov 2021 | 0.07 | ±0.13 |
| 7 | Dec 2021 | 0.08 | ±0.13 |
| 8 | Jan 2022 | 0.08 | ±0.13 |
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Chart of Fed Funds Rate
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:
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| June 10, 2021 | |
| Indicator | Rate, % |
|---|---|
| Prime Rate | 3.25 |
| 30 Year Treasury Bond | 2.15 |
| 10 Year Treasury Note | 1.45 |
| 91 Day Treasury Bill | 0.03 |
| Fed Funds | 0.06 |
| 3 Month LIBOR (USD) | 0.12 |
| 30 Year Mortgage Rate | 2.96 |