US Economy - Monetary Policy

Federal Funds Target Range (Upper Limit)

Percent

The federal funds rate is the interest rate that banks have to pay to other banks for borrowing money on an overnight basis. The Federal Open Market Committee (FOMC) sets a target range for this rate and tries to reach that target by adjusting money supply.

Source: Board of Governors of the Federal Reserve System, retrieved from FRED, Federal Reserve Bank of St. Louis

Federal Reserve's Balance Sheet - Total Assets

Billions of USD

Total assets of the Federal Reserve's balance sheet (Consolidated Statement of Condition of All Federal Reserve Banks)

Source: Board of Governors of the Federal Reserve System, retrieved from FRED, Federal Reserve Bank of St. Louis

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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.