
The U.S. effective federal funds rate has remained stable at 5.33% from August 8 to August 14, 2024, with consistent trading volumes. On August 9, the rate was reported at 5.33% on $104 billion in trades, compared to 5.33% on $106 billion the previous day. The same rate persisted on August 12, with $102 billion in trades, and again on August 13, with $100 billion in trades. The secured overnight financing rate was also steady, recorded at 5.34% on August 9, August 12, and August 13, before dipping to 5.33% on August 14. These figures suggest a stable monetary environment as the Federal Reserve continues to monitor economic conditions.