Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Turkey
Annual
IR3TIB01TRA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.95
Year-over-Year Change
-69.58%
Date Range
1/1/1992 - 1/1/2004
Summary
The Annual trend, also known as the 3-Month Treasury Constant Maturity Rate, measures the average interest rate on 3-month U.S. Treasury bills. It is a key indicator of short-term interest rates and the overall state of monetary policy.
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 3-Month Treasury Constant Maturity Rate is widely used by economists, policymakers, and financial analysts to assess current and expected monetary policy, as well as to gauge investor sentiment and inflation expectations in the broader economy.
Methodology
The Federal Reserve calculates this rate based on the daily yield curve, which reflects the market-determined yields of actively traded Treasury securities.
Historical Context
Changes in the 3-Month Treasury rate often signal adjustments to the Federal Reserve's benchmark interest rate, which in turn impact consumer and business borrowing costs.
Key Facts
- The 3-Month Treasury rate averaged 0.58% in 2022.
- The rate reached a high of 4.71% in October 2022.
- Treasury bill yields are a benchmark for short-term borrowing costs.
FAQs
Q: What does this economic trend measure?
A: The 3-Month Treasury Constant Maturity Rate measures the average interest rate on 3-month U.S. Treasury bills, a key indicator of short-term interest rates and monetary policy.
Q: Why is this trend relevant for users or analysts?
A: The 3-Month Treasury rate is widely used by economists, policymakers, and financial analysts to assess current and expected monetary policy, as well as to gauge investor sentiment and inflation expectations.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this rate based on the daily yield curve, which reflects the market-determined yields of actively traded Treasury securities.
Q: How is this trend used in economic policy?
A: Changes in the 3-Month Treasury rate often signal adjustments to the Federal Reserve's benchmark interest rate, which in turn impact consumer and business borrowing costs.
Q: Are there update delays or limitations?
A: The 3-Month Treasury Constant Maturity Rate is updated daily and published by the Federal Reserve.
Related Trends
People 15 Years and Over Saving at a Financial Institution in the Past Year for Turkey
DDAI06TRA156NWDB
Labor Compensation: Earnings: Manufacturing: Hourly for Turkey
LCEAMN01TRA657S
Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Turkiye
LFEAMNTTTRQ647S
Share Prices: All Shares/Broad: Total for Turkey
SPASTT01TRM657N
Use of Financial Services, Liabilities: Outstanding Deposits at Insurance Corporations for Turkey
TURFCLOFIXDC
Consumer Opinion Surveys: Economic Situation: Future Tendency for Turkiye
TURCSESFT02STSAM
Citation
U.S. Federal Reserve, 3-Month Treasury Constant Maturity Rate (IR3TIB01TRA156N), retrieved from FRED.