Where can you find federal interest rates?


Quick Answer

The Board of Governors of the Federal Reserve posts the federal interest rate on its website, FederalReserve.gov, as of July 2015. Daily updates of the weekly federal reserve rate are posted each Tuesday through Friday, while the weekly release is posted on Mondays, notes the Federal Reserve.

Continue Reading

Full Answer

The interest rates listed by the Federal Reserve vary by instrument, notes Federal Reserve. A chart is published on its website detailing the different federal interest rates for each of the days in the reporting period along with the average interest rate for the previous month. Along with the effective federal funds rate, which is obtained using a weighted average of rates on brokered trades, the table also includes the federal interest rate for non-financial and financial commercial paper in 1-month, 2-month and 3-month formats, along with 1-, 3- and 6-month Eurodollar deposits.

Also listed in the bank prime loan interest rate, which is the prevailing rate for many mortgages and other bank loans. The site also lists the discount window primary credit rate and rates for U.S. government securities, including T-bills in 4-week, 3-month, 6-month and 1-year amounts on the secondary market. Rates are listed for nominal U.S. treasury instruments and for state, local and corporate bonds. Finally, the inflation index is listed along with interest rate swaps and the conventional mortgage rate.

Learn more about Credit & Lending

Related Questions