SOFR Rises to 3.63% on July 14 as Fed Funds Rate Climbs to 3.63%

According to New York Federal Reserve data, the Secured Overnight Financing Rate (SOFR) rose to 3.63% on July 14, up from 3.60% the previous day. The effective federal funds rate also climbed to 3.63% from 3.62%, marking coordinated movement in key overnight lending rates on the day of the CPI release.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments