This feed provides information about Policy Rates data available from the Federal Reserve Board through the Data Download Program (DDP).
March 26, 2024
Data Download Program and Federal Reserve Economic Data Partnership
The Board of Governors of the Federal Reserve System and the Federal Reserve Bank of St. Louis's Federal Reserve Economic Data (FRED) program are working together to expand options for finding, accessing, and visualizing data from the Board's Data Download Program (DDP) in FRED. Learn more about the DDP and FRED partnership.
March 09, 2023
Federal Reserve Board to make formatting changes to DDP XML files
On March 26, 2023, the Federal Reserve will make minor changes to the format of all XML files released through the Data Download Program (DDP). The changes include
- adding line breaks in message headers to improve readability;
- removing extra spaces before closing tags of observations;
- and some long description text that was previously truncated will no longer be truncated.
These changes will help expedite the release of some public DDP releases and lay the groundwork for continued improvements in the future.
August 15, 2022
Federal Reserve Board seeks DDP users for online survey
The Federal Reserve Board is conducting an online survey to
collect data on online usage and consumption preferences of users of the
Board's Data Download Program (DDP) website.
As announced on June 2, 2021, effective July 29, 2021, the Federal Reserve Board amended Regulation D to eliminate references to an interest on required reserves (IORR) rate and to an interest on excess reserves (IOER) rate and replaced them with a single interest on reserve balances (IORB) rate. The Board will publish on each business day at 4:30 p.m., Eastern Time, the IORB rate applicable for the next business day on the Interest on Reserve Balances page on the Federal Reserve Board's public website. Data for the IORB rate, as well as historical data for the IORR and IOER rates, are available in the Policy Rates Data Download Program.
October 04, 2017
Policy Rates historical data correction
On October 3, 2017, a historical DDP file was posted with some incorrect IORR and IOER rates. IORR and IOER rates from January 26, 2017, to March 15, 2017, should have been 0.75 percent rather than 1.00 percent. IORR and IOER rates from April 27, 2017, to June 14, 2017, should have been 1.00 percent rather than 1.25 percent.
February 16, 2017
Change to the Publication of Interest Rates on Reserve Balances
Effective
February 23, 2017, the Federal Reserve Board will publish on each business day at 4:30 p.m., Eastern Time, the interest rates on reserve balances applicable for the next business day. The interest
rates on reserve balances, which include the interest rates on required and excess balances, are determined by the Board and officially announced in the most recent Implementation Note. The associated data are made available on the Federal Reserve Board's website on the "Interest
on Required Balances and Excess Balances" page and in the Policy Rates Data
Download Program.
July 23, 2015
Change to the Payment of Interest on Excess Reserve Balances
As previously announced, effective July 23, 2015, the Federal Reserve Board changed the formula for calculating interest for depository institutions with excess balances. The new formula is based on the daily interest rate on excess reserves (IOER rate) and the daily balance maintained. The IOER and IORR rates effective for a given day are now published on the "Interest on Required Balances and Excess Balances" page on the Federal Reserve Board's public website and are available in the Policy Rates Data Download Program.