Towards the end of 2024, all key policy rates in the United States declined. The Federal Funds target range was lowered to **** to **** percent - a decrease of ** basis points - between September and November. It fell further in the following months, reaching a range of **** to *** percent by year-end. The interest rate on reserve balances (IORB Rate) also declined, moving from *** to ***. A similar downward trend was observed in the Overnight Reverse Repo Facility Rate (ON RRP Rate) and the Standing Repo Facility Rate (SRF Rate).
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
New York Fed. (May 30, 2025). Key policy rates effective in the United States in 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 20, 2026, from /statistics/1386531/us-key-policy-rates/
New York Fed. "Key policy rates effective in the United States in 2024." Chart. May 30, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 20, 2026. /statistics/1386531/us-key-policy-rates/
New York Fed. (2025). Key policy rates effective in the United States in 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 20, 2026. /statistics/1386531/us-key-policy-rates/
New York Fed. "Key Policy Rates Effective in The United States in 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 May 2025, /statistics/1386531/us-key-policy-rates/
New York Fed, Key policy rates effective in the United States in 2024 ÌÇÐÄÆƽâ°æ, /statistics/1386531/us-key-policy-rates/ (last visited July 20, 2026)
Key policy rates effective in the United States in 2024 [Graph], New York Fed, May 30, 2025. [Online]. Available: /statistics/1386531/us-key-policy-rates/
