Historical Year Data · 2015

Federal Funds Rate in 2015

Federal Funds Rate opened 2015 at 0.11% and closed at 0.24%, a +118.18% move for the year. The high of 0.24% was reached on December 1, and the low of 0.11% on January 1.

Open

0.11%

2015-01

0.24%

12 data points

High

0.24%

Dec 1

Low

0.11%

Jan 1

Full Year Change

+118.18%

2014 Change

+71.43%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	0.11%	0.11%	0.11%	0.11%	+0.00%
Feb	0.11%	0.11%	0.11%	0.11%	+0.00%
Mar	0.11%	0.11%	0.11%	0.11%	+0.00%
Apr	0.12%	0.12%	0.12%	0.12%	+0.00%
May	0.12%	0.12%	0.12%	0.12%	+0.00%
Jun	0.13%	0.13%	0.13%	0.13%	+0.00%
Jul	0.13%	0.13%	0.13%	0.13%	+0.00%
Aug	0.14%	0.14%	0.14%	0.14%	+0.00%
Sep	0.14%	0.14%	0.14%	0.14%	+0.00%
Oct	0.12%	0.12%	0.12%	0.12%	+0.00%
Nov	0.12%	0.12%	0.12%	0.12%	+0.00%
Dec	0.24%	0.24%	0.24%	0.24%	+0.00%

Events During 2015

2015 China Yuan Devaluation

Mixed

August 2015

The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.

2015 Swiss Franc Unpegging Shock

Mixed

January 15, 2015

The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.

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