Historical Year Data · 1984

Federal Funds Rate in 1984

Federal Funds Rate opened 1984 at 9.56% and closed at 8.38%, a -12.34% move for the year. The high of 11.64% was reached on August 1, and the low of 8.38% on December 1.

Open

9.56%

1984-01

8.38%

12 data points

High

11.64%

Aug 1

Low

8.38%

Dec 1

Full Year Change

-12.34%

1983 Change

+9.10%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	9.56%	9.56%	9.56%	9.56%	+0.00%
Feb	9.59%	9.59%	9.59%	9.59%	+0.00%
Mar	9.91%	9.91%	9.91%	9.91%	+0.00%
Apr	10.29%	10.29%	10.29%	10.29%	+0.00%
May	10.32%	10.32%	10.32%	10.32%	+0.00%
Jun	11.06%	11.06%	11.06%	11.06%	+0.00%
Jul	11.23%	11.23%	11.23%	11.23%	+0.00%
Aug	11.64%	11.64%	11.64%	11.64%	+0.00%
Sep	11.30%	11.30%	11.30%	11.30%	+0.00%
Oct	9.99%	9.99%	9.99%	9.99%	+0.00%
Nov	9.43%	9.43%	9.43%	9.43%	+0.00%
Dec	8.38%	8.38%	8.38%	8.38%	+0.00%

Events During 1984

1982 Latin American Debt Crisis

Deflation

August 1982 – 1989

Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.

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