Graph and download economic data for Total Fed Funds Sold and Securities Purchased Under Agreements to Resell, All Commercial Banks (H8B3092NCBA) from 2010-01-06 to 2025-11-19 about purchase, securities, sales, banks, depository institutions, and USA.

United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at All Banks was 10.10% in July of 2025, according to the United States Federal Reserve. Historically, United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at All Banks reached a record high of 88.00 in July of 2020 and a record low of -68.10 in January of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at All Banks - last updated from the United States Federal Reserve on December of 2025.

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

The U.S. federal funds effective rate underwent a dramatic reduction in early 2020 in response to the COVID-19 pandemic. The rate plummeted from 1.58 percent in February 2020 to 0.65 percent in March and further decreased to 0.05 percent in April. This sharp reduction, accompanied by the Federal Reserve's quantitative easing program, was implemented to stabilize the economy during the global health crisis. After maintaining historically low rates for nearly two years, the Federal Reserve began a series of rate hikes in early 2022, with the rate moving from 0.33 percent in April 2022 to 5.33 percent in August 2023. The rate remained unchanged for over a year before the Federal Reserve initiated its first rate cut in nearly three years in September 2024, bringing the rate to 5.13 percent. By December 2024, the rate was cut to 4.48 percent, signaling a shift in monetary policy in the second half of 2024. In January 2025, the Federal Reserve implemented another cut, setting the rate at 4.33 percent, which remained unchanged until September 2025, when another cut set the rate at 4.22 percent. In October 2025, the rate was further reduced to 4.09 percent. What is the federal funds effective rate? The U.S. federal funds effective rate determines the interest rate paid by depository institutions, such as banks and credit unions, that lend reserve balances to other depository institutions overnight. Changing the effective rate in times of crisis is a common way to stimulate the economy, as it has a significant impact on the whole economy, such as economic growth, employment, and inflation. Central bank policy rates The adjustment of interest rates in response to the COVID-19 pandemic was a coordinated global effort. In early 2020, central banks worldwide implemented aggressive monetary easing policies to combat the economic crisis. 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 globally. While these low rates remained in place throughout 2021, mounting inflationary pressures led to a synchronized tightening cycle beginning in 2022, with central banks pushing rates to multi-year highs. By mid-2024, as inflation moderated across major economies, central banks began implementing their first rate cuts in several years, with the U.S. Federal Reserve, Bank of England, and European Central Bank all easing monetary policy.

United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Domestic Banks was 321469.80000 Mil. of U.S. Dollars in October of 2025, according to the United States Federal Reserve. Historically, United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Domestic Banks reached a record high of 584701.20000 in July of 2020 and a record low of 141033.00000 in December of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Domestic Banks - last updated from the United States Federal Reserve on November of 2025.

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.

Dataset Description

This dataset contains the actual and predicted federal funds target rate for the United States from 1990 to 2023. The federal funds target rate is the interest rate at which depository institutions lend their excess reserves to each other overnight. It is set by the Federal Open Market Committee (FOMC) and is a key tool used by the Federal Reserve to influence the economy.

The dataset includes the following five columns:

Release Date: The date on which the data was released by the Federal Reserve. Time: The time of day at which the data was released. Actual: The actual federal funds target rate. Predicted: The predicted federal funds target rate. Forecast: The forecast federal funds target rate.

Data Usage

This dataset can be used for a variety of purposes, including: - Analyzing trends in the federal funds target rate over time. - Forecasting the future path of the federal funds target rate. - Assessing the effectiveness of monetary policy. - Data Quality

The data for this dataset is of high quality. The Federal Reserve is a reputable source of data and the data is updated regularly.

Data Limitations

The data for this dataset is limited to the United States. Additionally, the data does not include information on the factors that influenced the Federal Open Market Committee's decision to set the federal funds target rate.

FB: AS: IBF Only: FS: FED Funds Sold (FF) data was reported at 0.000 USD mn in Dec 2019. This records a decrease from the previous number of 110.000 USD mn for Sep 2019. FB: AS: IBF Only: FS: FED Funds Sold (FF) data is updated quarterly, averaging 159.000 USD mn from Sep 2009 (Median) to Dec 2019, with 42 observations. The data reached an all-time high of 1.039 USD bn in Mar 2012 and a record low of 0.000 USD mn in Dec 2019. FB: AS: IBF Only: FS: FED Funds Sold (FF) data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB043: Balance Sheet: Foreign Banks: All States.

United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Domestic Banks was 12.60% in July of 2025, according to the United States Federal Reserve. Historically, United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Domestic Banks reached a record high of 199.80 in October of 2018 and a record low of -89.40 in April of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Domestic Banks - last updated from the United States Federal Reserve on November of 2025.

United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Small Banks was 30.10% in July of 2025, according to the United States Federal Reserve. Historically, United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Small Banks reached a record high of 150.30 in October of 2019 and a record low of -77.10 in April of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Small Banks - last updated from the United States Federal Reserve on November of 2025.

United States FB: CA: IBF Only: FS: FED Funds Sold (FF) data was reported at 0.000 USD mn in Dec 2019. This stayed constant from the previous number of 0.000 USD mn for Sep 2019. United States FB: CA: IBF Only: FS: FED Funds Sold (FF) data is updated quarterly, averaging 0.000 USD mn from Sep 2009 (Median) to Dec 2019, with 42 observations. The data reached an all-time high of 25.000 USD mn in Sep 2014 and a record low of 0.000 USD mn in Dec 2019. United States FB: CA: IBF Only: FS: FED Funds Sold (FF) data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB045: Balance Sheet: Foreign Banks: California.

Graph and download economic data for Total Fed Funds Sold and Securities Purchased Under Agreements to Resell, Foreign-Related Institutions (H8B3092NFRCAG) from 2011 to 2024 about purchase, foreign, securities, sales, banks, depository institutions, and USA.

United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Commercial Banks was 754798.70000 Mil. of U.S. Dollars in October of 2025, according to the United States Federal Reserve. Historically, United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Commercial Banks reached a record high of 979038.80000 in July of 2020 and a record low of 325313.10000 in June of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Commercial Banks - last updated from the United States Federal Reserve on November of 2025.

United States FB: AS: IBF Only: FR: FED Funds Purchased (FP) data was reported at 2.022 USD bn in Dec 2019. This records a decrease from the previous number of 2.678 USD bn for Sep 2019. United States FB: AS: IBF Only: FR: FED Funds Purchased (FP) data is updated quarterly, averaging 3.527 USD bn from Mar 2013 (Median) to Dec 2019, with 28 observations. The data reached an all-time high of 8.085 USD bn in Mar 2014 and a record low of 2.022 USD bn in Dec 2019. United States FB: AS: IBF Only: FR: FED Funds Purchased (FP) data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB043: Balance Sheet: Foreign Banks: All States.

United States FB: NY: IBF Only: FR: FED Funds Purchased (FP) data was reported at 1.402 USD bn in Dec 2019. This records a decrease from the previous number of 2.005 USD bn for Sep 2019. United States FB: NY: IBF Only: FR: FED Funds Purchased (FP) data is updated quarterly, averaging 2.917 USD bn from Mar 2013 (Median) to Dec 2019, with 28 observations. The data reached an all-time high of 7.543 USD bn in Mar 2014 and a record low of 1.402 USD bn in Dec 2019. United States FB: NY: IBF Only: FR: FED Funds Purchased (FP) data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.KB044: Balance Sheet: Foreign Banks: New York.

Fed Funds Rate Projections - High Range - Historical chart and current data through 2025.

Dataset

This dataset was created by David Childers

Released under U.S. Government Works

Contents

United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Small Banks was -13.70% in September of 2025, according to the United States Federal Reserve. Historically, United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Small Banks reached a record high of 359.50 in June of 2017 and a record low of -367.70 in August of 2014. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Small Banks - last updated from the United States Federal Reserve on November of 2025.

View monthly updates and historical trends for US Commercial Banks Other Loans and Leases: Total Federal Funds Sold and Reverse RPs. from United States. S…

United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Foreign Banks was 8.10% in July of 2025, according to the United States Federal Reserve. Historically, United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Foreign Banks reached a record high of 82.10 in July of 2010 and a record low of -73.00 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Fed Funds Sold and Securities Purchased Under Agreements to Resell at Foreign Banks - last updated from the United States Federal Reserve on November of 2025.