Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for France
Annual
IRSTCI01FRA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.10
Year-over-Year Change
4127.09%
Date Range
1/1/1955 - 1/1/2024
Summary
The Annual Interest Rates: Overnight Interbank Rate series measures the annual average of daily overnight interbank interest rates in France. This key economic indicator provides insights into the country's monetary policy and financial 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 Rates: Overnight Interbank Rate series tracks the average daily interest rate at which banks in France lend to one another on an overnight basis. This metric serves as a barometer for short-term funding costs and the overall health of the French financial system.
Methodology
The data is collected and calculated by the Bank of France based on actual transactions between banks.
Historical Context
Policymakers and analysts monitor this rate to assess the efficacy of monetary policy and detect potential liquidity or credit risks.
Key Facts
- France's overnight interbank rate averaged 0.47% in 2021.
- The rate reached a high of 3.57% in 2008 during the global financial crisis.
- This metric has trended downward since the 2008 recession.
FAQs
Q: What does this economic trend measure?
A: The Annual Interest Rates: Overnight Interbank Rate series tracks the average daily interest rate at which banks in France lend to one another on an overnight basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the country's monetary policy, short-term funding costs, and overall financial system health, making it a key indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank of France based on actual transactions between banks.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this rate to assess the efficacy of monetary policy and detect potential liquidity or credit risks in the French financial system.
Q: Are there update delays or limitations?
A: The data is published annually with no known update delays or limitations.
Related Trends
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for France
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for France
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Gross Domestic Product Per Capita for France
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Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for France
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Internet users for France
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Citation
U.S. Federal Reserve, Annual Interest Rates: Overnight Interbank Rate (IRSTCI01FRA156N), retrieved from FRED.