Home > Releases > Interest on Required Balances and Excess Balances > Interest Rate on Required Reserves
Interest Rate on Required Reserves (IORR)
7Day  Updated: Mar 20, 2018
Observation:
20180321: 1.50 (+ more)Updated: Mar 20, 2018
20180321:  1.50  
20180320:  1.50  
20180319:  1.50  
20180318:  1.50  
20180317:  1.50 
Units:
Percent,Not Seasonally Adjusted
Frequency:
Daily,7Day
For more information please see:
http://www.federalreserve.gov/monetarypolicy/reqresbalances.htm
Interest Rate on Required Reserves
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For more information please see:
http://www.federalreserve.gov/monetarypolicy/reqresbalances.htm
Interest Rate on Required Reserves
Customize data:
Write a custom formula to transform one or more series or combine two or more series.
You can begin by adding a series to combine with your existing series.
Now create a custom formula to combine or transform the series.
Need help? []
For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a  b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, , *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, ab, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
Finally, you can change the units of your new series.
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Title  Release Dates  


Interest Rate on Required Reserves  20160310  20180320 
Source  


Board of Governors of the Federal Reserve System (US)  20160310  20180320 
Release  


Interest on Required Balances and Excess Balances  20160310  20180320 
Units  


Percent  20160310  20180320 
Frequency  


Daily, 7Day  20160310  20180320 
Seasonal Adjustment  


Not Seasonally Adjusted  20160310  20180320 
Notes  


The interest rate on required reserves (IORR rate) is determined by the Board of Governors and is intended to eliminate effectively the implicit tax that reserve requirements used to impose on depository institutions. For more information please see: http://www.federalreserve.gov/monetarypolicy/reqresbalances.htm 
20160310  20180320 
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