View market daily updates and historical trends for Effective Federal Funds Rate. from United States. Source: Federal Reserve. Track economic data with YC…

Graph and download economic data for Federal Funds Target Range - Upper Limit (DFEDTARU) from 2008-12-16 to 2025-12-01 about federal, interest rate, interest, rate, and USA.

The 'Fed Interest Rate Decision' is an economic event where the Federal Reserve announces changes to the federal funds rate, which is the interest rate at which banks lend to each other overnight.-2025-07-30

The benchmark interest rate in the United States was last recorded at 4 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The U.S. federal funds rate peaked in 2023 at its highest level since the 2007-08 financial crisis, reaching 5.33 percent by December 2023. A significant shift in monetary policy occurred in the second half of 2024, with the Federal Reserve implementing regular rate cuts. By December 2024, the rate had declined to 4.48 percent. What is a central bank rate? The federal funds rate determines the cost of overnight borrowing between banks, allowing them to maintain necessary cash reserves and ensure financial system liquidity. When this rate rises, banks become more inclined to hold rather than lend money, reducing the money supply. While this decreased lending slows economic activity, it helps control inflation by limiting the circulation of money in the economy. Historic perspective The federal funds rate historically follows cyclical patterns, falling during recessions and gradually rising during economic recoveries. Some central banks, notably the European Central Bank, went beyond traditional monetary policy by implementing both aggressive asset purchases and negative interest rates.

Graph and download economic data for 30-Day AA Nonfinancial Commercial Paper Interest Rate (RIFSPPNAAD30NB) from 1997-01-02 to 2025-11-25 about AA, 1-month, commercial paper, nonfinancial, commercial, interest rate, interest, rate, and USA.

View market daily updates and historical trends for Overnight Federal Funds Rate. from United States. Source: Federal Reserve. Track economic data with YC…

Graph and download economic data for 30-Day AA Nonfinancial Commercial Paper Interest Rate (WCPN1M) from 1997-01-03 to 2025-11-14 about AA, 1-month, commercial paper, nonfinancial, commercial, interest rate, interest, rate, and USA.

United States - 30-Day AA Asset-Backed Commercial Paper Interest Rate was 4.00% in November of 2025, according to the United States Federal Reserve. Historically, United States - 30-Day AA Asset-Backed Commercial Paper Interest Rate reached a record high of 6.49 in January of 2001 and a record low of 0.05 in June of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 30-Day AA Asset-Backed Commercial Paper Interest Rate - last updated from the United States Federal Reserve on December of 2025.

View market daily updates and historical trends for US Bank Prime Loan Rate. from United States. Source: Federal Reserve. Track economic data with YCharts…

Key information about United States Short Term Interest Rate

• United States Short Term Interest Rate: Month End: Treasury Bills: 3 Months was reported at 4.20 % pa in Feb 2025, compared with 4.20 % pa in the previous month.
• US Short Term Interest Rate data is updated monthly, available from Jan 1954 to Feb 2025.
• The data reached an all-time high of 15.52 % pa in Aug 1981 and a record low of -0.01 % pa in Sep 2015.
• Short Term Interest Rate is reported by reported by Federal Reserve Board.

• In the latest reports, US Treasury Notes Yield: Constant Maturity: Nominal: 10 Years was reported at 4.45 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Effective Federal Funds Rate) was set at 4.33 % pa in Feb 2025.

Graph and download economic data for 30-Day AA Financial Commercial Paper Interest Rate (WCPF1M) from 1997-01-03 to 2025-11-21 about AA, 1-month, commercial paper, commercial, financial, interest rate, interest, rate, and USA.

Contrary to popular belief, federal funds futures rates do not tell us precisely where the market thinks federal funds rates will be in the future. On average, futures rates overpredict future fed funds rates, and, depending on whether fed funds rates are falling or rising, the futures rate may consistently overestimate or underestimate the future fed funds rates. To obtain a reliable estimate of the future fed funds rate, one must adjust the fed funds futures rate appropriately to account for the bias and past movements of the fed funds rate.

These rates are the daily secondary market quotation on the most recently auctioned Treasury Bills for each maturity tranche (4-week, 13-week, 26-week, and 52-week) that Treasury currently issues new Bills. Market quotations are obtained at approximately 3:30 PM each business day by the Federal Reserve Bank of New York. The Bank Discount rate is the rate at which a Bill is quoted in the secondary market and is based on the par value, amount of the discount and a 360-day year. The Coupon Equivalent, also called the Bond Equivalent, or the Investment Yield, is the bill's yield based on the purchase price, discount, and a 365- or 366-day year. The Coupon Equivalent can be used to compare the yield on a discount bill to the yield on a nominal coupon bond that pays semiannual interest.

View weekly updates and historical trends for 30 Year Mortgage Rate. from United States. Source: Freddie Mac. Track economic data with YCharts analytics.

The H15 Release from the federal reserve provides daily interest rate information for a variety of core interest rates, such as T bills and the federal funds rate. For some rates, this dataset extends all the way back to 1954.

The rates included are:

• time_period
• federal_funds
• 1_month_nonfinancial_commercial_paper
• 2_month_nonfinancial_commercial_paper
• 3_month_nonfinancial_commercial_paper
• 1_month_financial_commercial_paper
• 2_month_financial_commercial_paper
• 3_month_financial_commercial_paper
• prime_rate
• discount_rate
• 4_week_treasury_bill
• 3_month_treasury_bill
• 6_month_treasury_bill
• 1_year_treasury_bill
• 1_month_treasury_constant_maturity
• 3_month_treasury_constant_maturity
• 6_month_treasury_constant_maturity
• 1_year_treasury_constant_maturity
• 2_year_treasury_constant_maturity
• 3_year_treasury_constant_maturity
• 5_year_treasury_constant_maturity
• 7_year_treasury_constant_maturity
• 10_year_treasury_constant_maturity
• 20_year_treasury_constant_maturity
• 30_year_treasury_constant_maturity
• 5_year_inflation_indexed_treasury_constant_maturity
• 7_year_inflation_indexed_treasury_constant_maturity
• 10_year_inflation_indexed_treasury_constant_maturity
• 20_year_inflation_indexed_treasury_constant_maturity
• 30_year_inflation_indexed_treasury_constant_maturity
• inflation_indexed_long_term_average

Please see https://www.federalreserve.gov/releases/h15/ for notices, caveats, and newly released data.

View market daily updates and historical trends for Effective Federal Funds Rate. from United States. Source: Federal Reserve Bank of New York. Track econ…

View daily updates and historical trends for 20 Year Treasury - Effective Fed Funds Rate. from United States. Source: Federal Reserve. Track economic data…

United States - 30-Day AA Nonfinancial Commercial Paper Interest Rate was 4.13% in September of 2025, according to the United States Federal Reserve. Historically, United States - 30-Day AA Nonfinancial Commercial Paper Interest Rate reached a record high of 6.53 in June of 2000 and a record low of 0.04 in April of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 30-Day AA Nonfinancial Commercial Paper Interest Rate - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Federal Funds Target Range - Lower Limit (DFEDTARL) from 2008-12-16 to 2025-11-30 about federal, interest rate, interest, rate, and USA.