Summary of Economic Projections: Federal Funds Rate (I:SEPFFR)
2.90% for 2027
Level Chart
Basic Info
|
Summary of Economic Projections: Federal Funds Rate is at 2.90%, compared to 2.90% last year. This is higher than the long term average of 2.84%. |
| Report | Federal Open Market Committee Meeting |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 2.90% |
| Latest Period | 2027 |
| Last Updated | Sep 18 2024, 14:10 EDT |
| Next Release | Dec 18 2024, 14:30 EST |
| Long Term Average | 2.84% |
| Average Growth Rate | 229.8% |
| Value from 1 Year Ago | 2.90% |
| Change from 1 Year Ago | 0.00% |
| Frequency | Yearly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
| Notes | Displaying the latest median projection. For each period, the median is the middle projection when the projections are arranged from lowest to highest. When the number of projections is even, the median is the average of the two middle projections. The median projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate. |
Historical Data
| Date | Value |
|---|---|
| December 31, 2027 | 2.90% |
| December 31, 2026 | 2.90% |
| January 31, 2026 | 3.10% |
| December 31, 2025 | 3.40% |
| January 31, 2025 | 4.10% |
| December 31, 2024 | 4.40% |
| January 31, 2024 | 5.10% |
| December 31, 2023 | 5.40% |
| January 31, 2023 | 5.40% |
| December 31, 2022 | 4.40% |
| Date | Value |
|---|---|
| January 31, 2022 | 4.40% |
| December 31, 2021 | 0.10% |
| January 31, 2021 | 0.10% |
| December 31, 2020 | 0.10% |
| January 31, 2020 | 0.10% |
| December 31, 2019 | 1.60% |
| January 31, 2019 | 1.60% |
| December 31, 2018 | 2.40% |
| January 31, 2018 | 2.40% |
News
Headline
Wire
Time (ET)
MT Newswires
12/16 07:49
MT Newswires
12/16 06:37
MT Newswires
12/04 16:02
Basic Info
|
Summary of Economic Projections: Federal Funds Rate is at 2.90%, compared to 2.90% last year. This is higher than the long term average of 2.84%. |
| Report | Federal Open Market Committee Meeting |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 2.90% |
| Latest Period | 2027 |
| Last Updated | Sep 18 2024, 14:10 EDT |
| Next Release | Dec 18 2024, 14:30 EST |
| Long Term Average | 2.84% |
| Average Growth Rate | 229.8% |
| Value from 1 Year Ago | 2.90% |
| Change from 1 Year Ago | 0.00% |
| Frequency | Yearly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
| Notes | Displaying the latest median projection. For each period, the median is the middle projection when the projections are arranged from lowest to highest. When the number of projections is even, the median is the average of the two middle projections. The median projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate. |