Federal funds rate and the discount rate


GDP growth is approximately 1.5% and has been at that level for two years.

Inflation, as measured by both the CPI and GDP deflator has been at approximately 1-2% for the last two years.

Unemployment has recently moved to 7.3%, up from 7% one year ago, and 6.5% two years ago.

The Federal Funds rate is 3.5%, and the Discount rate is 3.25%.

The Government budget has been operating at a deficit of approximately $60 billion for the last year, up from $50 billion the previous year.

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Microeconomics: Federal funds rate and the discount rate
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