National Rate Plus 75 Bps: 24 Month CD <100M
NDRRCA24MCD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.22
Year-over-Year Change
-4.72%
Date Range
4/1/2021 - 7/1/2025
Summary
This economic indicator tracks the national average interest rate for 24-month certificates of deposit (CDs) with balances under $100,000, plus a 75 basis point premium. It provides insight into short-term savings rates and broader banking 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
The metric represents a standardized measure of CD rates across U.S. financial institutions, offering economists a snapshot of current deposit market dynamics. It helps analyze banking sector trends and potential shifts in monetary policy expectations.
Methodology
Data is collected from a representative sample of financial institutions, aggregated and calculated by the Federal Reserve to create a national benchmark rate.
Historical Context
This rate is used by policymakers, investors, and financial analysts to understand short-term investment yields and broader economic interest rate trends.
Key Facts
- Represents national average CD rates with a 75 basis point premium
- Covers 24-month certificates of deposit under $100,000
- Provides standardized insight into short-term savings market
FAQs
Q: What does this rate indicate about the current economic environment?
A: The rate reflects current banking market conditions and potential monetary policy expectations. Higher rates typically suggest stronger economic conditions or inflationary pressures.
Q: How often is this rate updated?
A: The Federal Reserve typically updates these national rates weekly, providing a current snapshot of the banking market.
Q: Why is the 75 basis point premium important?
A: The premium helps provide a more competitive and representative view of actual market rates beyond the base national average.
Q: How do investors use this rate?
A: Investors and financial planners use this rate to compare CD offerings and make informed decisions about short-term investments.
Q: What are the limitations of this rate?
A: The rate is an average and may not reflect specific local market conditions or individual bank offerings.
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Related Trends
Citation
U.S. Federal Reserve, National Rate Plus 75 Bps: 24 Month CD <100M [NDRRCA24MCD], retrieved from FRED.
Last Checked: 8/1/2025