This chart shows the monthly changes in the Federal Funds Rate (Fed Funds), Prime Rate, and Consumer Price Index (CPI), in relation to the S&P 500.Interest rates are a key indicator of the current state of the economy. The Fed Funds Rate and Prime Rate are base lines for interest rates borrowers must pay to expand their businesses, or make large purchases. 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. When a depository institution has surplus balances in its reserve account, it lends to other banks in need of larger balances. The effective federal funds rate (EFFR) is calculated as a volume-weighted median of overnight federal funds transactions reported in the FR 2420 Report of Selected Money Market Rates. a The New York Fed publishes the EFFR for the prior business day on the New York Fed’s website at approximately 9:00 a.m.

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  Between 1971 and 2020, the fed funds rate has ranged from 0% to 20%. Review a summary of its highs and lows with major economic events. FOMC's target federal funds rate or range, change (basis points) and level. 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003  Federal Funds Rate - Current Rate, Historical Table, Rate Chart (Fed Funds Target Rate, Intended Federal Funds Rate) What is the Fed Funds Rate?

Note: CME FedWatch Tool calculations are based on scenarios that most commonly occur at scheduled FOMC meetings.With the unscheduled rate move on March 3, the tool may not fully reflect the latest market conditions. The tool is expected to revert to typical results after the March 18 FOMC meeting.

Federal funds rate When reference is made to the US interest rate this often refers to the Federal Funds Rate. The Federal Funds Rate is the interest rate which banks charge one another for 1 day (overnight) lending. This American base rate is set by the market and is not explicitly laid down by the FED. The Federal Reserve Board of Governors in Washington DC. Footnotes. 1. As of March 1, 2016, the daily effective federal funds rate (EFFR) is a volume-weighted median of transaction-level data collected from depository institutions in the Report of Selected Money Market Rates (FR 2420). Fed federal funds rate The most important interest rate is the federal funds rate (Fed base rate). The federal funds rate is the interest rate at which banks lend federal funds they have with the Federal Reserve to other banks. Through a number of open market operations, the Fed can enforce the federal funds rate. Effective Federal Funds Rate is at 1.58%, compared to 1.55% last month and 2.40% last year. This is lower than the long term average of 4.76%. About Federal Funds Target Rate - Upper Bound A target interest rate set by the central bank in its efforts to influence short-term interest rates as part of its monetary policy strategy. How it's used: Like the federal discount rate, the federal funds rate is used to control the supply of available funds and hence, inflation and other interest rates. Raising the rate makes it more Chart of The U.S. Prime Rate vs The Fed Funds Target Rate vs 1-, 3-, 6- and 12-Month LIBOR Rates: This chart shows the relationship between the Federal Funds Target Rate (FFTR), the U.S. Prime Rate, and the 1-, 3-, 6- and 12-Month LIBOR rates since July 1, 1999.: Best Books / Recommended Reading

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. When a depository institution has surplus balances in its reserve account, it lends to other banks in need of larger balances.

View data of the Effective Federal Funds Rate, or the interest rate depository institutions charge each other for overnight loans of funds. The Federal Reserve lowered the target range for its federal funds rate by 100bps to 0-0.25 percent and launched a massive $700 billion quantitative easing  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  Between 1971 and 2020, the fed funds rate has ranged from 0% to 20%. Review a summary of its highs and lows with major economic events. FOMC's target federal funds rate or range, change (basis points) and level. 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003  Federal Funds Rate - Current Rate, Historical Table, Rate Chart (Fed Funds Target Rate, Intended Federal Funds Rate) What is the Fed Funds Rate? The effective federal funds rate (EFFR) is calculated as a volume-weighted median of overnight federal funds transactions reported See Federal Funds Chart 

Effective Federal Funds Rate is at 1.58%, compared to 1.55% last month and 2.40% last year. This is lower than the long term average of 4.76%.

Highest Fed Funds Rate. The fed funds rate reached a high of 20% in 1979 and 1980 to combat double-digit inflation. The inflation began in 1973 after President Richard Nixon disengaged the dollar from the gold standard. Inflation tripled from 3.9% to 9.6%. The Fed doubled interest rates from 5.75% to a high of 11%. This chart shows the monthly changes in the Federal Funds Rate (Fed Funds), Prime Rate, and Consumer Price Index (CPI), in relation to the S&P 500.Interest rates are a key indicator of the current state of the economy. The Fed Funds Rate and Prime Rate are base lines for interest rates borrowers must pay to expand their businesses, or make large purchases. 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. When a depository institution has surplus balances in its reserve account, it lends to other banks in need of larger balances. The effective federal funds rate (EFFR) is calculated as a volume-weighted median of overnight federal funds transactions reported in the FR 2420 Report of Selected Money Market Rates. a The New York Fed publishes the EFFR for the prior business day on the New York Fed’s website at approximately 9:00 a.m. How it's used: Like the federal discount rate, the federal funds rate is used to control the supply of available funds and hence, inflation and other interest rates. Raising the rate makes it more

Between 1971 and 2020, the fed funds rate has ranged from 0% to 20%. Review a summary of its highs and lows with major economic events.

The Federal Reserve lowered the target range for its federal funds rate by 100bps to 0-0.25 percent and launched a massive $700 billion quantitative easing  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  Between 1971 and 2020, the fed funds rate has ranged from 0% to 20%. Review a summary of its highs and lows with major economic events.

Federal Funds Rate - Current Rate, Historical Table, Rate Chart (Fed Funds Target Rate, Intended Federal Funds Rate) What is the Fed Funds Rate? The effective federal funds rate (EFFR) is calculated as a volume-weighted median of overnight federal funds transactions reported See Federal Funds Chart  Historically, the Federal Funds Rate reached as high as 22.36% in 1981 during the recession. Additionally, after the financial crisis in 2008-2009, the Federal  In its latest FOMC decision on January 29th 2020, the Fed left the target range for its federal funds rate unchanged at 1.5-1.75 percent, raised the interest on excess reserves rate (IOER) by 5 basis points to 1.6% and said that overnight repo operations will continue at least through April 2020 to ensure that the supply of reserves remain ample. The Federal Open Market Committee (FOMC) meets eight times a year to determine the federal funds target rate. The current federal funds rate as of October 17, 2019 is 1.85%. JavaScript chart by amCharts 3.21.13 JavaScript chart by amCharts 3.21.13 1960 1970 1980 1990 2000 2010 2.00% 4.00% 6.00% 8.00% Commonly known as the Fed Funds Rate, the Federal Funds Rate is a short-term rate objective or “Target Rate” of the Federal Reserve Board. Also known as the Intended Federal Funds Rate, it can be expressed as a specific rate or as a range of rates. The “Actual Rate” is known as the Effective Federal Funds Rate,