1Y |
5Y |
10Y |
Max
NOTES
Source: Board of Governors of the Federal Reserve System (US)
Release: Interest on Required Balances and Excess Balances
Units:
Frequency:
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, June 27, 2019.
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