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Federal Funds Rate Volatility

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The federal funds rate was unusually volatile for several months starting in late December 1990. Day-to-day changes over this period were far greater than in previous years, although the difference seems to have disappeared recently (figure 1A).

The federal funds rate was unusually volatile for several months starting in late December 1990. Day-to-day changes over this period were far greater than in previous years, although the difference seems to have disappeared recently (figure 1A).


Suggested citation: Dutnitru, Diana, and E.J. Stevens, 1991. "Federal Funds Rate Volatility," Federal Reserve Bank of Cleveland, Economic Commentary, 08.15.1991.

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