Federal Funds Target Rate - Upper Bound

A target interest rate set by the central bank in its efforts to influence short-term interest rates as part of its monetary policy strategy. This indicator shows the new target interest rate on the date the new rate was announced. UPDATE INFO <P>CALCULATIONS <P>SOURCE METHODOLOGY : Data is the short-term interest rate targeted by the Federal Reserve's Federal Open Market Committee (FOMC) as part of its monetary policy.<P>DATA DISCOVERY : {ECST T FDTR<GO>}<P>RELATED FUNCTIONS : {FOMC<GO>}<P>ADDITIONAL INFO : <BR>{https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm}<BR>{https: //www.federalreserve.gov/newsevents.htm}