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Federal Funds Target Rate - Upper Bound

FDTR:IND
1.75
0.00
0.00%
As of 5/22/2018
Open
1.75
Day Range
1.75 - 1.75
Previous Close
1.75
52Wk Range
1.00 - 1.75
Before it's here, it's on the Bloomberg Terminal.
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Open
1.75
Day Range
1.75 - 1.75
Previous Close
1.75
52Wk Range
1.00 - 1.75
YTD Return
16.67%
Profile
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. The federal funds rate is the short-term interest rate targeted by the Federal Reserve's Federal Open Market Committee (FOMC) as part of its monetary policy. In December 2008, the target "fed funds" level was replaced by a target range, and this ticker represents the upper bound of that range, while the ticker {FDTRFTRL Index DES} provides the lower bound of that range.
USE AS A FINANCIAL BENCHMARK MAY BE RESTRICTED. SEE {DOCS #2084680}.
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