How Have the Fed's Three Rate Hikes Passed Through to Selected Short-term Interest Rates?

Posted: 15 Oct 2017

See all articles by Alyssa G. Anderson

Alyssa G. Anderson

Board of Governors of the Federal Reserve System

Jane E. Ihrig

Board of Governors of the Federal Reserve System

Mary-Frances Styczynski

Board of Governors of the Federal Reserve System

Gretchen C. Weinbach

Board of Governors of the Federal Reserve System

Date Written: June 2, 2017

Abstract

Since December 2015, the Federal Open Market Committee (FOMC) has increased the target range for the federal funds rate by 25 basis points three times, bringing the target range from 0 to 25 basis points in late 2015 to 75 to 100 basis points in March 2017. This Note examines how this cumulative 75 basis point increase in the target range for the Fed's policy rate has transmitted to other short-term interest rates.

Suggested Citation

Anderson, Alyssa G. and Ihrig, Jane E. and Styczynski, Mary-Frances and Weinbach, Gretchen Cope, How Have the Fed's Three Rate Hikes Passed Through to Selected Short-term Interest Rates? (June 2, 2017). FEDS Notes No. 2017-06-02, Available at SSRN: https://ssrn.com/abstract=3712214 or http://dx.doi.org/10.17016/2380-7172.2005

Alyssa G. Anderson (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Jane E. Ihrig

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States
202-452-3372 (Phone)
202-736-5638 (Fax)

Mary-Frances Styczynski

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Gretchen Cope Weinbach

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States
202-452-2841 (Phone)

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