The Effective Federal Funds Rate (EFFR), in percent: the New York Fed's volume weighted median of overnight federal funds lending between banks, each business day, published about 9:00 the next business day, New York time. Business days only: a weekend or holiday date reads the business day before it. Subject to the New York Fed's Terms of Use; PreReason is not affiliated with the New York Fed. Primary US monetary policy stance indicator.
Category: macro. Macro economic indicators track monetary policy, liquidity conditions, and traditional market positioning.
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Used in briefings: Macro Calendar: Releases, Decisions and Auctions, Regime Check
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