Feb 3, 2025 · View data of the Effective Federal Funds Rate, or the interest rate depository institutions charge each other for overnight loans of funds.

Additionally, the federal funds rate indirectly influences longer- term interest rates such as mortgages, loans, and savings, all of which are very important to consumer wealth and confidence.(2) References (1) Federal Reserve Bank of New York. "Federal funds." Fedpoints, August 2007. (2) Board of Governors of the Federal Reserve System.

Feb 3, 2025 · Effective Federal Funds Rate is at 4.33%, compared to 4.33% the previous market day and 5.33% last year. This is lower than the long term average of 4.61%. The Effective Federal Funds Rate is the rate set by the FOMC (Federal Open Market Committee) for banks to borrow funds from each other.

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. 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.

4 days ago · Graph and download revisions to economic data for from 2000-07-03 to 2025-02-06 about federal, rate, and USA.

4 days ago · Daily Federal Funds Rate from 1928-1954 (https://fred.stlouisfed.org/categories/33951). The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held …

Feb 3, 2025 · (I:EFFRND) Chart data for Effective Federal Funds Rate from 1954 to 2025. Visually compare against similar indicators, plot min/max/average, compute correlations.

United States Fed Funds Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2025. The benchmark interest rate in the United States was last recorded at 4.50 percent.

By December 2024, the rate was cut to 4.48 percent, signaling a shift in monetary policy in the second half of 2024. The first rate cut in 2025 then set the rate at 4.33 percent. What is the...

4 days ago · Charts are generally updated at noon ET the day following the publication of the H.4.1, which is typically published at 4:30 ET on Thursdays.