Fed Funds Interest Rate Forecast
Fed Funds Interest Rate Forecast Values
Percent, Average of Month.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | May 2023 | 5.06 | ±0.00 |
| 1 | Jun 2023 | 5.22 | ±0.08 |
| 2 | Jul 2023 | 5.33 | ±0.095 |
| 3 | Aug 2023 | 5.33 | ±0.10 |
| 4 | Sep 2023 | 5.33 | ±0.11 |
| 5 | Oct 2023 | 5.33 | ±0.11 |
| 6 | Nov 2023 | 5.33 | ±0.12 |
| 7 | Dec 2023 | 5.33 | ±0.12 |
| 8 | Jan 2024 | 5.29 | ±0.12 |
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Chart of Fed Funds Rate
Percent, Average of Month
Other Fed Funds Rate Resources of Interest:
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| June 06, 2023 | |
| Indicator | Rate, % |
|---|---|
| Prime Rate | 8.25 |
| 30 Year Treasury Bond | 3.87 |
| 10 Year Treasury Note | 3.70 |
| 91 Day Treasury Bill | 5.44 |
| Fed Funds | 5.08 |
| SOFR | 5.06 |
| 30 Year Mortgage Rate | 6.79 |