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The immediate call money/interbank lending rate in the United States collapsed with the onset of the global coronavirus (COVID-19) pandemic, falling from 1.58 percent in February 2020 to just 0.05 percent two months later. Since March 2022, the rate started increasing steadily, peaking at 5.3 percent in August 2023. It has stayed at this level since.

Monthly value of the immediate call money/interbank rate in the United States from January 2007 to April 2024

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Release date

June 2024

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Region

United States

Survey time period

January 2007 to April 2024

Supplementary notes

End of month values.

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Monthly value of the immediate call money/interbank rate in the United States from January 2007 to April 2024

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Financial markets in the U.S.

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