Fitted Instantaneous Forward Rate 2 Years Hence

THREEFF2 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.54

Year-over-Year Change

-5.45%

Date Range

10/4/2021 - 8/1/2025

Summary

The Fitted Instantaneous Forward Rate 2 Years Hence measures expected short-term interest rates two years in the future. It is a key indicator of monetary policy expectations and economic outlook.

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 forward rate estimate is derived from the Treasury yield curve and provides insights into how financial markets anticipate future Federal Reserve actions. It is widely used by economists, policymakers, and investors to assess the likely future path of interest rates.

Methodology

The data is calculated by the Federal Reserve using a smoothing technique applied to the Treasury yield curve.

Historical Context

Monitoring changes in the forward rate can help inform decisions around monetary policy, fixed-income investments, and risk management.

Key Facts

  • The forward rate represents the expected short-term interest rate in 2 years.
  • It is calculated from the Treasury yield curve using a smoothing technique.
  • Changes in the forward rate signal shifts in market expectations for future Fed policy.

FAQs

Q: What does this economic trend measure?

A: The Fitted Instantaneous Forward Rate 2 Years Hence measures the expected short-term interest rate that will prevail in the economy two years from now.

Q: Why is this trend relevant for users or analysts?

A: This forward rate is a key indicator of market expectations for future monetary policy and can provide insights into the economic outlook.

Q: How is this data collected or calculated?

A: The data is calculated by the Federal Reserve using a smoothing technique applied to the Treasury yield curve.

Q: How is this trend used in economic policy?

A: Monitoring changes in the forward rate can help inform decisions around monetary policy, fixed-income investments, and risk management.

Q: Are there update delays or limitations?

A: The forward rate data is published regularly by the Federal Reserve with minimal delays, but may be subject to revisions based on changes in the underlying yield curve.

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Citation

U.S. Federal Reserve, Fitted Instantaneous Forward Rate 2 Years Hence (THREEFF2), retrieved from FRED.