Federal Funds Rate February 2024. Federal funds effective rate | alfred | st. As of february 2024, the current federal funds rate is 5.25% to 5.50%.
Where traders have thought the fed would set its target rate in 2024. This target range, set by the federal reserve board, is the rate at which banks lend money to one another.
Apr 26, 2024 3:24 Pm Cdt.
About 4 in 10 of economists polled by.
Average Monthly Effective Fed Funds Rate Based On Futures Contract Prices.
For the next six months (from april 30, 2024 to october 29, 2024), the interest rate on this frb bond will be 8%.
Reuters Poll Graphic On Federal Reserve Rate Cut.
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For the next six months (from april 30, 2024 to october 29, 2024), the interest rate on this frb bond will be 8%.
When Will The Fed Cut Interest Rates?
The board of governors of the federal reserve system voted unanimously to maintain the interest rate paid on reserve balances at 5.4 percent, effective february.