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Interest Rate on Excess Reserves (IOER)

Observation:

2018-12-18: 2.20  
Updated: Dec 17, 2018

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily,
7-Day
1Y | 5Y | 10Y | Max
fullscreen

NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: Interest on Required Balances and Excess Balances  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily, 7-Day

Notes:

The interest rate on excess reserves (IOER rate) is determined by the Board of Governors and gives the Federal Reserve an additional tool for the conduct of monetary policy.

For more information please see:
http://www.federalreserve.gov/monetarypolicy/reqresbalances.htm

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Interest Rate on Excess Reserves [IOER], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IOER, December 18, 2018.

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