View data of the Effective Federal Funds Rate, or the interest rate depository institutions charge each other for overnight loans of funds.

Graph and download economic data for Federal Funds Effective Rate (RIFSPFFNB) from 1954-07-01 to 2025-05-23 about funds, federal, interest rate, interest, rate, and USA.

View data of the Effective Federal Funds Rate, or the interest rate depository institutions charge each other for overnight loans of funds.

United States - Effective Federal Funds Rate was 4.33% in May of 2025, according to the United States Federal Reserve. Historically, United States - Effective Federal Funds Rate reached a record high of 7.03 in July of 2000 and a record low of 0.04 in December of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Effective Federal Funds Rate - last updated from the United States Federal Reserve on May of 2025.

Content

More details about each file are in the individual file descriptions.

Context

This is a dataset from the Federal Reserve hosted by the Federal Reserve Economic Database (FRED). FRED has a data platform found here and they update their information according to the frequency that the data updates. Explore the Federal Reserve using Kaggle and all of the data sources available through the Federal Reserve organization page!

• Update Frequency: This dataset is updated daily.

Acknowledgements

This dataset is maintained using FRED's API and Kaggle's API.

Cover photo by AbsolutVision on Unsplash
Unsplash Images are distributed under a unique Unsplash License.

United States - Effective Federal Funds Rate: 99th Percentile was 4.40% in June of 2025, according to the United States Federal Reserve. Historically, United States - Effective Federal Funds Rate: 99th Percentile reached a record high of 5.65 in July of 2023 and a record low of 0.09 in September of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Effective Federal Funds Rate: 99th Percentile - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Federal Funds Target Range - Upper Limit (DFEDTARU) from 2008-12-16 to 2025-06-08 about federal, interest rate, interest, rate, and USA.

Graph and download economic data for FOMC Summary of Economic Projections for the Fed Funds Rate, Median (FEDTARMD) from 2025 to 2027 about projection, federal, median, rate, and USA.

Effective Federal Funds Rate in the United States remained unchanged at 4.33 percent on Thursday June 5. This dataset includes a chart with historical data for the United States Effective Federal Funds Rate.

Graph and download economic data for Interest Rates and Price Indexes; Effective Federal Funds Rate (Percent), Level (BOGZ1FL072052006Q) from Q3 1954 to Q4 2024 about federal, assets, interest rate, interest, rate, price index, indexes, price, and USA.

Series is calculated as the spread between 1-Year Treasury Constant Maturity (BC_1YEAR) and Effective Federal Funds Rate (https://fred.stlouisfed.org/series/DFF). Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department (https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield).

Graph and download economic data for Federal Funds Target Range - Lower Limit (DFEDTARL) from 2008-12-16 to 2025-05-27 about federal, interest rate, interest, rate, and USA.

United States - Effective Federal Funds Rate: 75th Percentile was 4.33% in June of 2025, according to the United States Federal Reserve. Historically, United States - Effective Federal Funds Rate: 75th Percentile reached a record high of 5.35 in December of 2023 and a record low of 0.05 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Effective Federal Funds Rate: 75th Percentile - last updated from the United States Federal Reserve on June of 2025.

United States - Effective Federal Funds Rate: 25th Percentile was 4.33% in June of 2025, according to the United States Federal Reserve. Historically, United States - Effective Federal Funds Rate: 25th Percentile reached a record high of 5.33 in March of 2024 and a record low of 0.03 in April of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Effective Federal Funds Rate: 25th Percentile - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Effective Federal Funds Rate: 99th Percentile (EFFR99) from 2016-03-01 to 2025-05-27 about percentile, federal, rate, and USA.

Graph and download economic data for Effective Federal Funds Volume (EFFRVOL) from 2016-03-01 to 2025-06-18 about federal and USA.

Graph and download economic data for Effective Federal Funds Rate: 25th Percentile (EFFR25) from 2016-03-01 to 2025-05-01 about percentile, federal, rate, and USA.

Graph and download economic data for Effective Federal Funds Rate: 1st Percentile (EFFR1) from 2016-03-01 to 2025-06-23 about percentile, federal, rate, and USA.

Graph and download economic data for Federal Funds Target Rate (DISCONTINUED) (DFEDTAR) from 1982-09-27 to 2008-12-15 about federal, interest rate, interest, rate, and USA.

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint (FEDTARRMLR) from 2015-06-17 to 2025-03-19 about projection, federal, rate, and USA.