As you can see from the chart below, there's a clear positive correlation (albeit imperfect) between the federal funds rate and the 30-year mortgage rate. Effective Federal Funds Rate data by YCharts.

Before the Great Recession, the market-driven “effective” federal funds rate averaged 6.38 percent. Rate moves are expressed ...

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

Experts said the Fed may wait for meaningful signs of weakness in the labor market before acting, which implies that the next ...

John Silvia, chief economist at Wachovia, said he thinks the said it is possible that the effective fed funds rate could even fall below zero on occasion and the Fed can "live with that" because ...

The Fed’s campaign was effective, pushing inflation steadily ... “As that prime rate goes down with the Fed funds rate, that will have some immediate effect. But the reality is, the margin ...

With the 50 point cut, the Fed lowered the target range for the federal funds rate to 4.75 ... lowering their prime lending rates by 50 basis points to 8% effective Thursday. Borrowers are likely ...

Observation in January 2019 predicted recession and rate cuts when 2-year Treasury yield was 1% below Fed Funds Rate. Historical data shows gap over 1% between Fed Funds Rate and 2-year Treasury ...

One reason for cautious optimism for expecting more easing: the 2-year rate, which is widely seen as a proxy for policy expectations, continues to trade well below the current Fed funds effective ...

Those moderate moves did not disrupt the stock market's growth, and the trend of higher rates lasted through the end of 2018 when the effective federal funds rate reached a peak range of 2.25% to ...

The effective federal funds rate is the volume-weighted median of overnight rates banks pay when they borrow from other banks in the country. As of December 18, it was 4.50%. Open a new bank ...