In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.
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Jun 12 2024
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Latest Projection Data
The Federal Reserve will release interest projection data on a quarterly basis. This data provides estimates of future interest rates based on various economic factors, and can be used to make informed investment decisions. Fluctuations in interest rates can have a significant impact on the performance of different types of investments, making this data a valuable tool for investors.