Interest Rates: 3-Month or 90-Day Rates and Yields: Bank Bills: Total for Australia
Annual
IR3TBB01AUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.98
Year-over-Year Change
-17.93%
Date Range
1/1/1968 - 1/1/2023
Summary
The 'Annual' series measures the annual interest rate on 3-month Treasury bills in the United States. This benchmark rate is closely tracked by economists and policymakers as an indicator of short-term monetary policy and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The annual interest rate on 3-month Treasury bills is a widely-followed indicator of the U.S. government's short-term borrowing costs and broader financial market conditions. It serves as a baseline for various lending rates and investment returns across the economy.
Methodology
The Federal Reserve collects and publishes this interest rate data based on weekly auctions of 3-month Treasury bills.
Historical Context
The 3-month Treasury bill rate is a key input for monetary policy decisions by the Federal Reserve.
Key Facts
- The 3-month Treasury bill rate is considered a risk-free benchmark interest rate.
- Movements in this rate signal changes in the Federal Reserve's monetary policy stance.
- Treasury bill yields are closely watched by financial markets and economic analysts.
FAQs
Q: What does this economic trend measure?
A: The 'Annual' series measures the annual interest rate on 3-month U.S. Treasury bills, a key indicator of short-term borrowing costs and financial market conditions.
Q: Why is this trend relevant for users or analysts?
A: The 3-month Treasury bill rate is a widely-followed benchmark that provides insights into monetary policy, lending rates, and broader economic performance.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data based on weekly auctions of 3-month Treasury bills.
Q: How is this trend used in economic policy?
A: The 3-month Treasury bill rate is a key input for monetary policy decisions by the Federal Reserve, as it signals changes in short-term interest rates and financial market conditions.
Q: Are there update delays or limitations?
A: The 'Annual' series is updated regularly by the Federal Reserve with minimal delay, providing timely data on this important economic indicator.
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Citation
U.S. Federal Reserve, Annual (IR3TBB01AUA156N), retrieved from FRED.