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What was the average Federal Funds Rate in June 2016? The rate was _____.

The average Federal Funds Rate in June 2016, according to the table, was **0.31**.

Would you like further details or explanations?

Here are five related questions you could explore:
1. How did the average rate change from June 2015 to June 2016?
2. What is the difference between the median and average rates for December 2016?
3. What was the trend in the highest forecasted rates from June 2015 to June 2017?
4. How did the number of responses change over the forecast periods?
5. What can we infer about the confidence in the forecasts based on the "Mode" values?

**Tip**: The median is often used as a better indicator than the average when there are extreme values, as it represents the middle point of the data.

What was the average Federal Funds Rate in June 2016?

Discover the average Federal Funds Rate for June 2016, which was 0.31%. This data point is part of the forecast survey detailing rates from June 2015 to June 2017, showing a gradual increase over the forecast periods.

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