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  1. The Federal Reserve Board of Governors in Washington DC. Footnotes. 1. As of March 1, 2016, the daily effective federal funds rate (EFFR) is a volume-weighted median of transaction-level data collected from depository institutions in the Report of Selected Money Market Rates (FR 2420).

  2. Jul 27, 2022 · In July, the Federal Reserve announced that it would raise interest rates by 0.75%, shifting the target range to 2.25% to 2.5%. During the Covid-19 pandemic, the interest rate was kept at a near-zero range but has changed course as inflation has surged.

  3. Jun 30, 2022 · Interest Rates. Selected Interest Rates - H.15; Micro Data Reference Manual (MDRM) Micro and Macro Data Collections; Money Stock and Reserve Balances. Factors Affecting Reserve Balances - H.4.1; Money Stock Measures - H.6; Other. Yield Curve Models and Data

  4. Jul 27, 2022 · The Federal Reserve announced Wednesday that interest rates will be increased by 75 basis points (0.75 percent) in an effort to curb inflation. This increase is intended to discourage people from borrowing money, as the interest rates will be higher on loans.

  5. Jul 06, 2022 · Federal Reserve officials were concerned at their meeting last month that consumers were starting to anticipate higher inflation, and they signaled that much higher interest rates could be needed ...

  6. Mar 15, 2022 · The Federal Reserve is poised to announce its first interest rate hike since 2018 on Wednesday. The central bank is likely to raise its target federal funds rate by 25 basis points to address the ...

  7. The Federal Reserve is expected to announce the fourth interest rate increase of the year. They're hoping to curb inflation and prevent a recession. CBS News reporter Sarah Ewall-Wice joined ...

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