FRED Data Analytics
Monetary Policy IndicatorsTrack Federal Reserve policy decisions and their impact on financial markets
Popular Indicators
Monetary Policy
Economic Growth
Employment
Key Monetary IndicatorsCritical metrics for monitoring Federal Reserve policy
1
Federal Funds RateThe interest rate at which depository institutions lend reserve balances to other depository institutions overnight
Current Target Range: 5.25% - 5.50%
2
Money Supply (M2)A measure of the money supply that includes cash, checking deposits, and easily convertible near money
Current Level: $20.8T
3
Treasury YieldsInterest rates on U.S. Treasury debt securities, which serve as benchmarks for other interest rates
10-Year Yield: 4.30%, 2-Year Yield: 4.68%
4
Fed Balance SheetThe Federal Reserve's holdings of securities, loans, and other assets it has acquired through its monetary policy operations
Total Assets: $7.5T
Policy TrendsHistorical performance of key monetary policy indicators
Federal Funds Rate History
Fed Balance Sheet
Recent UpdatesLatest monetary policy developments and FOMC decisions
1
March 20, 2024FOMC Meeting
The FOMC maintained the target range for the federal funds rate at 5.25% to 5.50%. The Committee noted that inflation has eased over the past year but remains elevated, and that the economic outlook is uncertain.
2
January 31, 2024FOMC Meeting
The FOMC maintained the target range for the federal funds rate at 5.25% to 5.50%. The Committee stated that it does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%.