EFFR Volume

The volume of overnight unsecured federal funds lending between banks underlying the EFFR, in billions of US dollars. Published each business day for the previous one, about 8:00 ET for SOFR, BGCR and TGCR and 9:00 ET for EFFR and OBFR; each value is stamped with its publication morning. Subject to the Terms of Use posted at newyorkfed.org; PreReason is not affiliated with the New York Fed.

Category: macro. Macro economic indicators track monetary policy, liquidity conditions, and traditional market positioning. Changes in these metrics often lead Bitcoin price moves by days or weeks.

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