National Rate: 6 Month CD <100M
NDR6MCD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.52
Year-over-Year Change
-16.02%
Date Range
4/1/2021 - 7/1/2025
Summary
The National Rate for 6-Month Certificates of Deposit (CDs) under $100,000 represents the average interest rate offered by U.S. banks for this specific deposit product. This metric provides insight into short-term savings rates and reflects broader monetary policy and market liquidity 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 6-month CDs with balances below $100,000, serving as a benchmark for consumer savings and bank lending strategies. Economists and financial analysts use this rate to understand current banking market conditions and potential shifts in consumer financial behavior.
Methodology
The rate is calculated by the Federal Reserve through a survey of financial institutions, aggregating CD rates from a representative sample of banks across the United States.
Historical Context
This rate is crucial for understanding short-term investment opportunities, monetary policy transmission, and overall banking sector health.
Key Facts
- Represents average 6-month CD rates for deposits under $100,000
- Updated regularly to reflect current market conditions
- Important indicator of short-term financial market trends
FAQs
Q: How often is the NDR6MCD rate updated?
A: The rate is typically updated weekly by the Federal Reserve to reflect current market conditions and bank offerings.
Q: Why do banks offer different CD rates?
A: CD rates vary based on factors like current Federal Reserve policies, bank liquidity needs, and overall economic conditions.
Q: How is this rate calculated?
A: The rate is calculated through a survey of financial institutions, averaging CD rates from a representative sample of U.S. banks.
Q: What does this rate mean for consumers?
A: The rate helps consumers understand potential returns on short-term savings and compare different bank offerings for 6-month CDs.
Q: Are there limitations to this rate?
A: The rate is an average and may not reflect specific rates at individual banks or for unique financial products.
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Related Trends
Citation
U.S. Federal Reserve, National Rate: 6 Month CD <100M [NDR6MCD], retrieved from FRED.
Last Checked: 8/1/2025