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4-1/2 to 4-3/4 percent
- The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 4-1/2 to 4-3/4 percent.
www.federalreserve.gov/newsevents/pressreleases/monetary20230201a.htm
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Sep 20, 2023 · The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate target level for the federal funds rate at the end of the specified calendar year or over the longer run.
2 days ago · This series represents upper limit of the federal funds target range established by the Federal Open Market Committee. The data updated each day is the data effective as of that day.
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Mar 3, 2023 · The FOMC has raised the target range for the federal funds rate a further 3 percentage points since June, and the market-implied expected path of the federal funds rate over the next year also shifted up notably.
Sep 18, 2024 · The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate target level for the federal funds rate at the end of the specified calendar year or over the longer run.
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Feb 1, 2023 · The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 4-1/2 to 4-3/4 percent.
Jun 14, 2023 · As of June 2023, the target rate is at 5.25 percent. The latest projections show, on average, a small rate increase by the end of 2023 and decreases in subsequent years.
Jun 16, 2021 · Federal Reserve officials expect to start raising interest rates in 2023, earlier than previously forecast, according to new economic projections that predicted faster growth and sharply higher...
