Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Ireland
Quarterly
IRLCP010000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.54
Year-over-Year Change
-181.25%
Date Range
1/1/1976 - 7/1/2023
Summary
The Quarterly Interest Rates on Loans from Commercial Banks measures the average interest rate on commercial loans issued by U.S. banks. This metric is a key indicator of credit conditions and business financing costs.
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 Quarterly Interest Rates on Loans from Commercial Banks is a Federal Reserve statistical release that tracks the average interest rate on loans made by commercial banks to businesses and consumers. It is an important gauge of credit market conditions and the cost of capital for the private sector.
Methodology
The data is collected through the Federal Reserve's Survey of Terms of Business Lending.
Historical Context
Policymakers and analysts monitor this series to assess the impact of monetary policy on business investment and consumer borrowing.
Key Facts
- The series has been published quarterly since 1986.
- Interest rates on commercial loans averaged 5.75% in Q4 2022.
- Loan rates tend to rise when the Federal Reserve increases its benchmark interest rates.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Interest Rates on Loans from Commercial Banks measures the average interest rate on loans issued by U.S. commercial banks to businesses and consumers.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of credit conditions and the cost of capital for the private sector, which is important for assessing business investment and consumer borrowing.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's Survey of Terms of Business Lending.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this series to assess the impact of monetary policy on credit markets and the broader economy.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a lag of approximately 2 months after the end of the reference period.
Related Trends
Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Ireland
IRLB6FATC01CXCUQ
Bank Non-Performing Loans to Gross Loans for Ireland
DDSI02IEA156NWDB
Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for Ireland
LFAC25FEIEQ647S
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 55 to 64 Years for Ireland
LRAC55TTIEA156S
Consumer Price Index: Food for Ireland
IRLCPIFODMINMEI
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Ireland
IRLCP040100GPQ
Citation
U.S. Federal Reserve, Quarterly Interest Rates on Loans from Commercial Banks (IRLCP010000GPQ), retrieved from FRED.