Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Austria
IRSTCB01ATM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.88
Year-over-Year Change
149.13%
Date Range
1/1/1960 - 12/1/2023
Summary
This economic trend measures the central bank interest rates in Austria for immediate-term lending of less than 24 hours. It is a key indicator of monetary policy and short-term credit conditions in the Austrian economy.
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 Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Austria series tracks the benchmark interest rates set by the central bank for very short-term interbank lending in Austria. This provides insight into the current stance of monetary policy and the availability of credit in the Austrian financial system.
Methodology
The data is collected directly from the central bank of Austria.
Historical Context
Policymakers and analysts use this rate to assess the central bank's monetary policy and its impact on credit markets.
Key Facts
- Austria's central bank rate is currently at X.XX%.
- The rate has fluctuated between Y% and Z% over the past 5 years.
- Changes in this rate impact lending and borrowing costs in Austria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the benchmark interest rates set by the central bank of Austria for immediate-term lending of less than 24 hours.
Q: Why is this trend relevant for users or analysts?
A: This rate is a key indicator of monetary policy and short-term credit conditions in the Austrian economy, providing insight into the central bank's efforts to influence interest rates and credit availability.
Q: How is this data collected or calculated?
A: The data is collected directly from the central bank of Austria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this rate to assess the central bank's monetary policy stance and its impact on credit markets in Austria.
Q: Are there update delays or limitations?
A: The data is published with minimal delay by the central bank and represents the most up-to-date information on Austria's immediate-term lending rates.
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Citation
U.S. Federal Reserve, Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Austria (IRSTCB01ATM156N), retrieved from FRED.