Interest Rate on Reserve Balances (IORB Rate)
Rates & Curve · FRED/Treasury · IORB
What this measures. IOER (https://fred.stlouisfed.org/series/IOER)) and the interest rate on required reserves (IORR (https://fred.stlouisfed.org/series/IORR)) were replaced with a single rate, the interest rate on reserve balances (IORB (https://fred.stlouisfed.org/series/IORB)). See the source's announcement…
The latest reading sits at MID relative to this series' own history (1,780 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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