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The benchmark interest rate in the United States was last recorded at 4.25 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.
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View data of the Effective Federal Funds Rate, or the interest rate depository institutions charge each other for overnight loans of funds.
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View market daily updates and historical trends for Effective Federal Funds Rate. from United States. Source: Federal Reserve. Track economic data with YC…
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Effective Federal Funds Rate in the United States remained unchanged at 4.11 percent on Thursday October 23. This dataset includes a chart with historical data for the United States Effective Federal Funds Rate.
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TwitterThe 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.
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Graph and download economic data for Federal Funds Target Range - Upper Limit (DFEDTARU) from 2008-12-16 to 2025-10-24 about federal, interest rate, interest, rate, and USA.
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Graph and download economic data for Federal Funds Effective Rate (RIFSPFFNB) from 1954-07-01 to 2025-10-09 about funds, federal, interest rate, interest, rate, and USA.
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United States - Federal Funds Effective Rate was 4.11% in October of 2025, according to the United States Federal Reserve. Historically, United States - Federal Funds Effective Rate reached a record high of 22.36 in July of 1981 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 - Federal Funds Effective Rate - last updated from the United States Federal Reserve on October of 2025.
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Federal Funds Rate - Historical chart and current data through 2025.
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View daily updates and historical trends for Target Federal Funds Rate Upper Limit. from United States. Source: Federal Reserve. Track economic data with …
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Graph and download economic data for Federal Funds Target Range - Lower Limit (DFEDTARL) from 2008-12-16 to 2025-10-07 about federal, interest rate, interest, rate, and USA.
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View daily updates and historical trends for 20 Year Treasury - Effective Fed Funds Rate. from United States. Source: Federal Reserve. Track economic data…
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Graph and download economic data for FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low (FEDTARRL) from 2025 to 2028 about projection, federal, rate, and USA.
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View daily updates and historical trends for Target Federal Funds Rate Lower Limit. from United States. Source: Federal Reserve. Track economic data with …
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Key information about United States Policy Rate
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United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint was 3.20% in January of 2028, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint reached a record high of 5.40 in January of 2023 and a record low of 0.10 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint - last updated from the United States Federal Reserve on October of 2025.
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Fed Funds Rate Projections - High Range - Historical chart and current data through 2025.
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Effective Federal Funds Rate - Historical chart and current data through 2025.
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FOMC Fed Funds Rate Projections - Low Range - Historical chart and current data through 2028.
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Key information about United States Short Term Interest Rate
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The benchmark interest rate in the United States was last recorded at 4.25 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.