Copy the URL to open this chart with all your selections. The 30 Year Mortgage Rate forecast at the end of the month 9.17%. The average for the month 17.68%. 15 Year Mortgage Rate forecast for January 2025.Maximum interest rate 12.60%, minimum 11.86%. Billionaire David Einhorn warns interest rates will peak at higher 15 Year Mortgage Rate forecast for May 2025.Maximum interest rate 13.40%, minimum 12.62%. The current average rates for mortgage refinances are: 30-year fixed: 7.21% 15-year fixed: 6.38% 30-year jumbo: 7.33% 5/1 ARM: 5.65% Mortgage Rate . The average for the month 15.27%. 5 Year Treasury Rate Forecast 30 Year Mortgage Rate forecast for January 2026.Maximum interest rate 17.95%, minimum 16.91%. In 2024, the Dutch bank saw interest rates ranging between 3% and 4.25%, staying at 3% by the end of 2025. Fed Funds Rate Outlook. The higher the interest rate, the less attractive the opportunity to borrow money at that rate is for you as a homebuyer. The Fed sets the Federal Funds Rate (FFR), the key base interest rate that filters through to banks, affects demand for bonds and more broadly the economy and stocks. WSJ Prime Rate Outlook. Mortgage Interest Rate forecast for December 2025.Maximum interest rate 15.53%, minimum 14.63%. The average for the month 15.27%. The 15 Year Mortgage Rate forecast at the end of the month 6.02%. Past profits do not guarantee future profits. Thirty-year fixed . SECURE 2.0 Act Lets Retirees Defer Some Taxes Longer, The 9 Best Consumer Staples Stocks to Buy, Kiplinger's Weekly Earnings Calendar (Feb. 27-March 3), 7 Best Small-Cap Stocks to Buy for 2023 and Beyond, Stock Market Holidays in 2023: NYSE, NASDAQ and Wall Street Holidays, Kiplinger's Retail Outlook: Sales Jump in January, But Strength May Not Last. 15 Year Mortgage Rate forecast for March 2024.Maximum interest rate 8.91%, minimum 8.39%. In its short to medium-term Canadian interest rate predictions, TD Economics projected the Bank of Canada to increase rates in the fourth quarter and maintain the level until the end of 2023. Mortgage Interest Rate forecast for February 2026.Maximum interest rate 17.83%, minimum 16.79%. The market is starting to price in more interest rate hikes than the The reason is that although . Mortgage Interest Rate forecast for June 2026.Maximum interest rate 18.06%, minimum 17.00%. He has two master's degrees and is ABD in economics from the University of North Carolina at Chapel Hill. Those decisions, which resulted in numerous hikes in 2022, filter through to prime rate, the basic interest rate banks charge to credit-worthy customers. GDP has since rebounded in Q3 and Q4, growing at an annual rate of 3.2% and 2.7% respectively. Change for week +0.13. Savings Rates Forecast 2023 - Forbes Advisor His mission is to help 1 million peoplecreate wealthandpassive incomeand put them on the path tofinancial freedomwith real estate. The 30 Year Mortgage Rate forecast at the end of the month 10.01%. S&P 500 Prediction. If you put the same $1,000 in a high-yield savings account paying an annual percentage yield, or APY, of 3%, you'd earn $30 over the course of the . This is one of the most important factors to keep in mind when you're looking at projected interest rates. Capital Com SV Investments Limited is regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 319/17. While there is less certainty about how long the rate hike cycle will continue into 2023, more than three quarters (82%) predict at least one more rate hike on January, 25. The average for the month 15.88%. Personal loans interest rate forecast for 2023: Rates to increase due to Fed pressure . Kiplinger is forecasting that the 10-year Treasury will rise to 1.8% by the end of 2021 and 2.3% . The Fed is now expected to hike rates at upcoming meetings in March, May and June, according to interest rate futures. Feb/23. Published 21 December 22. From 2023 onwards, the outlook is less certain and highly dependent on global macroeconomic factors. Mortgage Interest Rate forecast for February 2027.Maximum interest rate 16.15%, minimum 15.21%. Mortgage rates are reacting to the recent decline in the 10-year Treasury yield, though they are still about a full percentage point higher in relation to the 10-year Treasury than would normally be expected. 15 Year Mortgage Rate forecast for July 2024.Maximum interest rate 11.25%, minimum 10.30%. The average for the month 5.99%. Long-term interest rates are partially determined by investors expectations about the future path of short-term interest rates. If The Housing Market Crashes What Happens To Interest Rates? The average for the month 17.34%. Previously, he was senior principal economist in the Center for Forecasting and Modeling at IHS/GlobalInsight, and an economist in the Chief Economist's Office of the U.S. Department of Commerce. Latest available data for a fixed period, The 15 Year Mortgage Rate forecast at the end of the month 15.21%. The 30 Year Mortgage Rate forecast at the end of the month 7.21%. Profit and prosper with the best of expert advice - straight to your e-mail. Mortgage Interest Rate forecast for April 2024.Maximum interest rate 9.45%, minimum 8.65%. Mortgage Interest Rate forecast for December 2024.Maximum interest rate 12.36%, minimum 11.64%. Mortgage rates rose for the fourth consecutive week, as strong economic and employment data drove the increase. The average for the month 13.30%. Economic Forecast For 2022 & 2023: Recession May Begin Next Year. 30 Year Mortgage Rate forecast for May 2026.Maximum interest rate 17.77%, minimum 16.73%. The jobs market and economic growth appear to be holding up better than most expected, that has the potential to put further upward pressure on prices in the Feds view. The major market events for the week ahead right in your inbox. The 15 Year Mortgage Rate forecast at the end of the month 12.61%. The 15 Year Mortgage Rate forecast at the end of the month 15.39%. The mortgage rate is updated weekly. . Long-Term Rates Will Edge Higher | Kiplinger Here are nine to watch in an uncertain market. This is lower than the long term average of 5.80%. The poll of 29 analysts, conducted between Feb. 15 and March 2, forecast average home prices based on the Case/Shiller index, which rose around 6% last year, were forecast to decline 4.5% in 2023 . The 30 Year Mortgage Rate forecast at the end of the month 7.96%. Click here for a free issue of The Kiplinger Letter or for more information. DJIA Prediction. Amid heavy economic turmoil, the dollar has enjoyed huge resilience. David is both staff economist and reporter for The Kiplinger Letter, overseeing Kiplinger forecasts for the U.S. and world economies. It is measured as a percentage. The 15 Year Mortgage Rate forecast at the end of the month 11.69%. For much of the last two years, economists and investors have kept a close eye on inflation, and more recently, on the Federal Reserve's interest rate policy. Part of the challenge for the Fed is the lagged effects of monetary policy. All of those are the actual series IDs in FRED. Mortgage Interest Rate forecast for April 2026.Maximum interest rate 18.26%, minimum 17.20%. June 16, 2021: FOMC Projections materials, accessible version New York, Interest Rate in the United Kingdom averaged 7.12 percent from 1971 until 2023, reaching an all time high of 17.00 percent in November of 1979 and a record low of 0.10 percent in March of 2020. The average for the month 7.06%. 84% of retail investor accounts lose money when trading CFDs with this provider. 15 Year Mortgage Rate forecast for November 2025.Maximum interest rate 15.53%, minimum 14.63%. The 15 Year Mortgage Rate forecast at the end of the month 14.98%. Interest Rate Forecast 2023/2024 - was last updated on Tuesday, February 28, 2023. The average for the month 6.54%. WSJ Prime Rate Forecast For now, that fine-tuning appears to involve slightly higher rates. This will depend on a number of factors such as whether inflation eases and the health of the economy. This concern has also put pressure on equity markets in recent weeks. Florida Real Estate Forecast Next 5 Years: Will it Crash? Cabana said the yield curve was narrowing, as expected, led by the 2-year note. Maximum interest rate 12.51%, minimum 11.68%. 30 Year Mortgage Rate forecast for March 2024.Maximum interest rate 10.17%, minimum 9.57%. The benchmark rate has gone up from 3.5% to 4% following the latest Monetary . The average credit card rate will rise to 20.5 percent by the end of 2023, up 90 basis points from a year ago, according to . The average for the month 8.31%. 30 Year Mortgage Rate forecast for July 2026.Maximum interest rate 18.31%, minimum 17.25%. Part of the increase in interest rates on long-term Treasury securities through 2026 is attributable to an increase in term premiums. The 30 Year Mortgage Rate forecast at the end of the month 8.91%. Hes also the host of the top-ratedpodcastPassive Real Estate Investing. After 2022, 10-year Treasury note interest rates are expected to rise steadily to 2.9 percent in the fourth quarter of 2023 and 3.1 percent in 2024. 4.25. Inflation, and the chances of a recession, will be top of the list. By Jeff Reeves The 15 Year Mortgage Rate forecast at the end of the month 11.15%. Mortgage Interest Rate forecast for August 2023.Maximum interest rate 7.12%, minimum 6.67%. Economic Forecasts Signs of a slowing economy and easing inflation are key to the interest rates outlook. The 15 Year Mortgage Rate forecast at the end of the month 6.67%. 150. The average for the month 17.38%. It implies central bankers are uncertain how successful monetary tightening will be against many mitigating factors, with rate rises potentially adding pain without resolving rising prices. Markets now view it as probable that the Fed Funds rate reaches 5.25% to 5.50% in 2023. The 30 Year Mortgage Rate forecast at the end of the month 14.92%. 2022: 6 . 30 Year Mortgage Rate forecast for September 2025.Maximum interest rate 17.63%, minimum 16.61%. Oregon Economic Forecast. The road ahead for the economy and housing | CMHC - CMHC-SCHL The average for the month 12.80%. China's economy rebounded in Q3 2022 from a slump of 0.4% in the previous quarter amid its persistence to keep harsh Covid-19 restrictions. Interest rates forecasts have huge ramifications for the wider economy, with decisions by the Fed moving markets across equities, bonds and commodities. The average for the month 8.70%. After the strongest annual average growth in nearly 40 years (5.7%) in 2021, US economic growth is set to slow to a 1.9% pace in 2022. Second, the Federal Reserve's technique for shrinking its balance sheet tends to reduce demand for long-term bonds more than it does for short-term ones. The 15 Year Mortgage Rate forecast at the end of the month 8.13%. Interest Rates Forecast in 2023 - Forbes Advisor Australia Soaring borrowing costs heap pressure on indebted UK firms Read more Like other major Western economies, the US has enjoyed an unparalleled period of low price and interest rate volatility. The 30 Year Mortgage Rate forecast at the end of the month 8.44%. That's not good for you or your house price. The average for the month 17.22%. objective of 2 percent. In 2022, CBO expects inflation to remain high due to factors that keep supply growing slower than demand in product and labor markets. Goldman Sachs economists, in a report, said they expect the median forecast of Fed officials to show the funds rate at 4% to 4.25% at year-end, with another hike to a peak of 4.25% to 4.5% in 2023. Likewise, fixed-income securities lose their value with rises as the cost of not owning other interest-rate tracking assets increases. The 15 Year Mortgage Rate forecast at the end of the month 15.58%. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. The 15 Year Mortgage Rate forecast at the end of the month 8.65%. Rates on short-term consumer loans such as auto notes will also be affected. Russell 2000 Forecast. The average for the month 5.89%. Published 28 February 23. The Bank's nine-member Monetary Policy Committee voted 8-1 to raise interest rates by 0.5 percentage points to 1.75 per cent on Thursday, the biggest increase in 27 years. The latest reading showed that price growth jumped to 7.8% in the fourth quarter of 2022 and the monthly inflation climbed to a new peak of 8.4% in December 2022, well above RBA's inflation target range of 2-3%. 15 Year Mortgage Rate forecast for March 2025.Maximum interest rate 13.39%, minimum 12.61%. When are the stock market holidays? The average for the month 15.10%. The 30 Year Mortgage Rate forecast at the end of the year is projected to be 11.87%. 30 Year Mortgage Rate forecast for March 2023.Maximum interest rate 6.85%, minimum 6.45%. For example, the Atlanta Feds Wage Growth Tracker had wages rising at a 6.1% annual rate in January, thats down from recent highs, but not by much. The 15 Year Mortgage Rate forecast at the end of the month 15.23%. Now the consensus view is that the Fed has more work to do in moving up rates and hikes could continue at least until the Feds June meeting, possibly even beyond. While seven out of nine members of the Monetary Policy Committee (MPC) favored hiking, two voted to keep the rate . Future US, Inc. Full 7th Floor, 130 West 42nd Street, The average for the month 12.17%. 30 Year Mortgage Rate forecast for May 2023.Maximum interest rate 7.43%, minimum 6.80%. That will help markets and the Fed get on the same page. The repo rate is the interest rate applied to loans . 30-Year Mortgage Rate forecast for October 2022, 30-Year Mortgage Rate forecast for November 2022, 30-Year Mortgage Rate forecast for December 2022. In 2023, the dollar index (DXY) moved largely sideways, rising by 0.9% as of 2 March, dropping by over 8% from September 2022 highs. As Fed Governor Christopher Waller said on February 8, inflation remains quite elevated, and so more needs to be done. Further hikes beyond June are possible, as is the Fed making a larger 0.5-percentage-point move at an upcoming meeting. The tide could be turning for the beaten-down technology sector, which makes these top tech stocks worth a closer look. Theres even an slim chance that rates touch 6%, but its much less likely. Five-year new car loans are predicted to reach 6.9 percent and four-year used car loans to hit 7.75 . 15 Year Mortgage Rate forecast for September 2023.Maximum interest rate 7.46%, minimum 6.91%. The average for the month 12.52%. Maximum interest rate 12.23%, minimum 11.51%. In that February report, the Bank's forecasts had predicted that real GDP would fall slightly over the coming quarters, as high energy prices and higher market interest rates continue to weigh on spending. Marco Santarelli is an investor, author, Inc. 5000 entrepreneur, and the founder of Norada Real Estate Investments a nationwide provider of turnkey cash-flow investment property. Mortgage Interest Rate forecast for June 2024.Maximum interest rate 12.10%, minimum 11.09%. Organisation for Economic Co-operation and Development (OECD), Source: Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department . CBO predicts those variables to fade, raising term rates. The average for the month 5.89%. Source: Federal Reserve Open Market Committee (opens in new tab). Corporate high-yield bond rates peaked in November last year. Use the training services of our company to understand the risks before you start operations. The question now is where in the 5% to 6% range rates will land in 2023. 30 Year Mortgage Rate forecast for July 2023.Maximum interest rate 7.75%, minimum 7.29%. On 1 February, Morningstar analyst Preston Caldwell said he was sceptical that the Fed would continue raising interest rates throughout 2023, predicting its February hike could be the last. In July, projections for full-year 2022 and 2023 real GDP growth were reduced owing to weaker consumer spending and a negative revision to . Bank of Canada interest rate forecast report - Finder CA You may opt-out by. A term premium compensates bondholders for long-term bond risk. The average for the month 14.24%. Heres how retirees can benefit from changes in required minimum distributions (RMDs), qualified longevity annuities and IRA catch-up contributions. According to Longforecast, the 30 Year Mortgage Rate will continue to rise further in 2024. The average for the month 15.87%. Credit: Capital Economics And never invest or trade money you cannot afford to lose. The average for the month 17.32%. Deposit Rate Forecasts CD Rates. The 30 Year Mortgage Rate forecast at the end of the month is 7.19%. The average for the month 11.51%. 30 Year Mortgage Rate forecast for March 2027.Maximum interest rate 19.28%, minimum 18.16%. If you rely on the information on this page then you do so entirely on your own risk. The 30 Year Mortgage Rate forecast at the end of the month is 8.08%. Markets expect smaller interest rate moves to continue for the first half of 2023. The 30 Year Mortgage Rate forecast at the end of the month 11.68%. Long-term interest rates forecast refers to projected values of government bonds maturing in ten years. 30 Year Mortgage Rate forecast for January 2025.Maximum interest rate 14.77%, minimum 13.91%. Mortgage rates will likely ease further. The average for the month 15.38%. The average for the month 17.37%. The 30 Year Mortgage Rate forecast at the end of the month 7.78%. He seemed to indicate, but didnt promise, that the Fed might pause rate hikes after two more quarter-point increases, one each at its policy meetings on March 22 and May 3. Mortgage interest rates follow the same pattern as the stock market does, with periods of high profitability followed by periods of low profitability. Region. OECD Economic Outlook: Statistics and Projections, Snapshot of data for a fixed period (data will not change even if updated on the site). The greenbacks appeal as a safe haven currency, coupled with increased investor attraction thanks to the Feds hawkish monetary policy, has helped it outgain most currencies this year. The average for the month 17.95%. The 30 Year Mortgage Rate forecast at the end of the month 17.78%. 30 Year Mortgage Rate forecast for November 2024.Maximum interest rate 14.36%, minimum 13.15%. While the SARB forecasts both headline and core inflation within the SARB's 3.0-6.0% target band in both 2023 and 2024, they are seen above the mid-point of the range. For context, the current 30-year fixed mortgage rate is at 5.25%, slightly lower than that of Bankrate. CBO projects that the interest rates on 3-month Treasury bills and 10-year Treasury notes will average 2.8 percent and 3.6 percent, respectively, during the 2021-2027 period. The 15 Year Mortgage Rate forecast at the end of the month 7.67%. In all, the firm forecasts CPI inflation to register in the mid-5% range to start 2022 before drifting down to 4% by midyear and 3.1% by the end - still about a full percentage point above the . "As the Fed raises interest rates, the mortgage market will simply yawn . 30 Year Mortgage Rate forecast for November 2025.Maximum interest rate 18.10%, minimum 17.04%. The low range isn't much higher than today, but the high end would likely create an . Mortgage Interest Rates Forecast 2023, 2024, 2025, 2026 and 2027 Maximum interest rate 6.07%, minimum 5.71%. It seems like the Feds hawkish policy has at least in part been responsible for a climbdown in the rate of price increases. Photo: Maxx-Studio / Shutterstock. Canadian 5-Year Fixed Mortgage Rates Can Climb To 7%. The 30 Year Mortgage Rate forecast at the end of the month 6.80%. Interest rate based on average owner occupier variable rate pre-May cash rate of 2.98% with May, June, July, August, September, October, and November cash rate increases applied, 3.85% cash rate interest rate is 1% higher. 30251 Golden Lantern, Suite E-261 The 15 Year Mortgage Rate forecast at the end of the month 13.62%. S&P 500 Prediction. The 30 Year Mortgage Rate forecast at the end of the month 17.81%. Rubenstein Show: Peer-to-Peer Conversations" at the Economic Club of Washington in Washington, DC, US, on Tuesday, Feb. 7, 2023. The average for the month 14.67%. Due to rising short-term rates, long-term Treasury bond interest rates are likely to grow until 2026. The 15 Year Mortgage Rate forecast at the end of the month 15.68%. Mortgage Interest Rate forecast for June 2023.Maximum interest rate 6.80%, minimum 6.38%. Mortgage Interest Rate forecast for August 2024.Maximum interest rate 13.33%, minimum 12.46%. Published 19 December 22. The 30 Year Mortgage Rate forecast at the end of the month 7.52%. The average for the month 10.09%. If you're planning on mortgaging your home at least until age 55 and possibly beyond, you should start looking into how much interest rates are likely to go up in the coming decade. Please refer to our Risk Disclosure Statement. 25% over the next five years. Kiplinger's Interest Rates Outlook: Fed Gives Some Clarity | Kiplinger The 30 Year Mortgage Rate forecast at the end of the month 17.73%. 15 Year Mortgage Rate forecast for May 2026.Maximum interest rate 16.18%, minimum 15.24%. The 30 Year Mortgage Rate forecast at the end of the month 18.00%. Auto Loan Rate Forecast For 2023 | Bankrate It is measured as a percentage. Its generally thought that the restrictive effects of higher interest rates arent fully felt by the economy until around a year later. The average for the month 15.64%. 15 Year Mortgage Rate forecast for July 2025.Maximum interest rate 14.85%, minimum 13.62%. Perch | Canada Interest Rate Forecast 2023-2024 In 2022, long-term interest rates are predicted to rise significantly from their 2021 lows. According to Forbes Advisor's list of the best online savings accounts, the average APY of the top four highest-yielding savings accounts in December 2022 was 3.28%86% of the most recent . The 15 Year Mortgage Rate forecast at the end of the month 15.33%. Mortgage Interest Rate forecast for August 2026.Maximum interest rate 18.00%, minimum 16.96%. The 15 Year Mortgage Rate forecast at the end of the month 15.23%. The 30 Year Mortgage Rate forecast at the end of the month 18.72%. The 15 Year Mortgage Rate forecast at the end of the month 12.23%. The chief economist also said that private sector regular pay growth was slightly higher than forecast at the end of last year. The 30 Year Mortgage Rate forecast at the end of the year is projected to be 13.9%. Two-thirds (71%) of Finder's panellists are under . On December 7th, the top 5-year CD rate was 4.75% APY ($1.5k min at Bread Financial). The average for the month 9.28%. Analysts typically focus on the near term. The average for the month 8.98%. The 30 Year Mortgage Rate forecast at the end of the month 12.94%. . After 2022, CBO forecasts short- and long-term interest rates to climb slower. "If bank rate really were to reach 5 . 15 Year Mortgage Rate forecast for November 2024.Maximum interest rate 12.60%, minimum 11.54%. The market is pricing in further interest rate hikes in 2023, but only predicting that the Bank of England base rate will rise as high as 4.4% by July 2023. Mortgage Interest Rate forecast for October 2026.Maximum interest rate 15.79%, minimum 14.87%. Federal Reserve Chair Jerome Powell gave some clarity on the Feds intentions at his press conference on February 1. The size of the potential loss is limited to the funds held by us for and on your behalf, in relation to your trading account. The material provided on this website is for information purposes only and should not be understood as an investment advice. Even then, you will only be given a 25% discount on the new rate if you want it. The average for the month 12.90%. Nonetheless, weve recently seen 0.25-percentage-point hikes, which are a lot smaller than the 0.75-percentage-point hikes we saw for much of the second half of 2022. The 30 Year Mortgage Rate forecast at the end of the month 14.34%. The 30 Year Mortgage Rate forecast at the end of the month 6.65%. A five-year fixed rate mortgage that could be bought for 6.51% on 20 October has slipped only marginally to 6.31%. As was the case with stocks, homeowners who take out a mortgage are at a particular advantage, as they can lock in a higher rate of return by waiting until the market is profitable again. 30 Year Treasury Rate. Always conduct your own research. When it comes to the future of mortgage interest, we don't know exactly what will happen. The average for the month 12.95%. By Charles Lewis Sizemore, CFA The source of inflation is a mix of demand and supply factors, but not always interconnected. The average for the month 6.25%. If the market performs poorly for a prolonged period of time, homeowners are stuck with high-interest rates. The 30 Year Mortgage Rate forecast at the end of the month 17.53%. The Bank of Canada (BoC) raised interest rates for most of 2022, reaching a target rate of 4.25% heading into the new year. Interest rates - Long-term interest rates forecast - OECD Data Mortgage Interest Rate forecast for April 2025.Maximum interest rate 13.15%, minimum 12.39%. This is particularly true for longer-term interest rates, as the discrepancy is magnified over time. There are a limited number of analysts providing long term-forecasts. 15 Year Mortgage Rate forecast for January 2027.Maximum interest rate 16.05%, minimum 15.11%. where BC10_YEAR, TC_10YEAR, BC_5YEAR, and TC_5YEAR are the 10 year and 5 year nominal and inflation adjusted Treasury securities. Mortgage Interest Rate forecast for October 2024.Maximum interest rate 13.54%, minimum 12.76%. The shaded area encompasses less than a 70 percent confidence interval if the confidence interval has been truncated at zero. Note that their predictions can be wrong. The average for the month 17.96%. The current market overnight interest rate forecast for the next 12 months is: A 0.25% increase March 8, 2023; No change April 12, 2023; No change June 7, 2023; . But interest rate predictions linked to a recession can depend on the response from the government to any recession. Potential purchasers of long-term bonds weigh those bonds yields against the yields from purchasing a series of shorter-term bonds (for example, purchasing a 1-year bond each year for 10 years). Current 15 Year Mortgage Rate equal to 5.89%. Fed's three-quarters of a point hike due, but forecast is top focus - CNBC He acknowledged the slowing of inflation in goods, and that slowdowns in rent increases will show up in coming inflation readings, but emphasized that it would be more costly to stop rate hikes too early, rather than too late. In 2022 and 2023, the Federal Reserve is expected to rapidly increase the target range for the federal funds rate to reduce inflationary pressures in the economy. Interest rate estimates should not be utilized in place of your own study. United Kingdom Bank Rate (%, eop) - FocusEconomics Use this code to embed the visualisation into your website. As inflation was brought under control, the FFR hovered around 5% through the 90s, before recessions in 2001 and 2008 forced them down to a floor, keeping rates down until 2016. 2010-2023, The Economy Forecast Agency.