National Rate: 1 Month CD <100M
NDR1MCD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.23
Year-over-Year Change
0.00%
Date Range
4/1/2021 - 7/1/2025
Summary
The National Rate for 1 Month Certificates of Deposit (CDs) under $100 million represents the average interest rate paid by U.S. banks on short-term deposit products. This metric provides insight into current banking liquidity, short-term investment returns, and overall monetary market 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
This economic indicator tracks the average interest rate for small-denomination, short-term bank certificates of deposit across the United States. Economists and financial analysts use this rate to understand banking sector trends, assess monetary policy impacts, and gauge short-term investment opportunities.
Methodology
The rate is calculated by surveying a representative sample of U.S. financial institutions and computing the arithmetic mean of their 1-month CD rates for deposits under $100,000.
Historical Context
This data point is crucial for understanding current banking sector dynamics, informing investment strategies, and providing context for Federal Reserve monetary policy decisions.
Key Facts
- Represents average 1-month CD rates for deposits under $100,000
- Reflects current short-term banking liquidity conditions
- Updated periodically to reflect current market rates
FAQs
Q: How often is the NDR1MCD rate updated?
A: The rate is typically updated weekly by the Federal Reserve to reflect current market conditions and banking sector trends.
Q: Why do investors care about 1-month CD rates?
A: These rates provide insight into short-term investment returns and current banking liquidity, helping investors make informed financial decisions.
Q: How does this rate relate to broader economic conditions?
A: The 1-month CD rate can indicate overall economic health, potential inflation trends, and the Federal Reserve's monetary policy stance.
Q: Can individual investors access these rates?
A: Most banks offer similar rates to individual consumers, though exact rates may vary slightly from the national average.
Q: What are the limitations of this data point?
A: The rate represents an average and may not precisely reflect rates at specific banks or for individual account types.
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Related Trends
Citation
U.S. Federal Reserve, National Rate: 1 Month CD <100M [NDR1MCD], retrieved from FRED.
Last Checked: 8/1/2025