Shows the daily level of the federal funds rate back to 1954. The fed funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis.

4 days ago · Forbes Advisor has compiled this history as a handy guide to the course of the federal funds rate and the Federal Reserve’s monetary policy decisions over the last 35 years.

Jan 3, 2025 · The U.S. Federal Reserve's dramatic reduction of its federal funds rate - from 1.58 percent in February 2020 to 0.05 percent by April - mirrored similar actions taken by central banks...

3 days ago · Effective federal funds rate: 4.33% as of January 29, 2025; Previous meeting: Cut of 0.25% to 4.25%–4.5% on December 18, 2024; Rate this time last year: Held rates at a range of 5.25%–5.50% at its January meeting in 2024; Next meeting: March 18-19, 2025; Highest rate since 1954: 19.1% monthly average recorded June 1981

4 days ago · The federal funds rate, a key borrowing benchmark set by the Federal Reserve, is back to late 2022 and early 2023 levels.

Jan 30, 2014 · The federal funds rate is the interest rate charged by banks to borrow from each other overnight. The Federal Reserve influences this rate through monetary policy decisions. Who sets the target range for the federal funds rate?

Jan 2, 2025 · For additional historical federal funds rate data, please see Daily Federal Funds Rate from 1928-1954. The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.

Dec 1, 2024 · For additional historical federal funds rate data, please see Daily Federal Funds Rate from 1928-1954. The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.

Jun 20, 2024 · The Federal Reserve tends to keep the federal funds rate within a 2% to 5% sweet spot that helps maintain a healthy economy, but there have been exceptions. The nation's benchmark rate has been increased well above that range at times to curb runaway inflation.

The federal funds rate is the interest rate on loans of funds held mainly by banks and other financial institutions in accounts at the Federal Reserve Banks. 1 The primary way the Federal Reserve’s Open Market Committee (FOMC) implements monetary policy is by targeting the federal funds rate.