National Rate: 12 Month CD <100M
NDR12MCD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.63
Year-over-Year Change
-11.89%
Date Range
4/1/2021 - 7/1/2025
Summary
The National Rate for 12-Month Certificates of Deposit (CDs) under $100,000 tracks the average interest rate offered by U.S. banks for short-term savings products. This metric provides insight into consumer savings rates and overall banking sector liquidity.
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
This economic indicator represents the average yield on 12-month bank certificates of deposit for smaller deposit amounts, reflecting current banking market conditions and monetary policy influences. Economists and financial analysts use this rate to understand short-term investment returns and broader financial market trends.
Methodology
The rate is calculated by aggregating CD rates from a representative sample of U.S. financial institutions, weighted by their market presence and deposit volumes.
Historical Context
This rate is crucial for understanding consumer savings incentives, bank funding strategies, and potential monetary policy implications.
Key Facts
- Represents average 12-month CD rates for deposits under $100,000
- Reflects current banking market conditions
- Used by economists to assess short-term investment trends
FAQs
Q: How often is this rate updated?
A: The National Rate is typically updated weekly by the Federal Reserve, reflecting current market conditions and bank offerings.
Q: Why do banks offer different CD rates?
A: CD rates vary based on factors like current federal funds rate, bank liquidity needs, and competitive market strategies.
Q: How does this rate impact consumers?
A: The rate helps consumers compare potential returns on short-term savings and make informed investment decisions.
Q: What influences changes in this rate?
A: Monetary policy, inflation expectations, and overall economic conditions significantly impact CD rates.
Q: Are there limitations to this data?
A: The rate represents an average and may not reflect specific bank offers or individual account terms.
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Related Trends
Citation
U.S. Federal Reserve, National Rate: 12 Month CD <100M [NDR12MCD], retrieved from FRED.
Last Checked: 8/1/2025