Federal funds effective rate (percentage points) - United States - FED Board - Daily
This series is part of the dataset: US money market rates (FED Board)
Download Full Dataset (.xlsx)Latest updates. In US money markets, the effective interest rate on Federal funds stood at 3.63 percent on 13 August 2026, the same as on 12 August 2026.
Sample. The daily series presented in the chart has 18,138 records. The time span covered by the series goes from July 1954 to August 2026.
History. Here's a glimpse of some descriptive statistics computed on the full sample: the interest rate had a mean value of 4.60 percent; it peaked at 22.36 on 22 July 1981; it recorded a minimum of 0.04 on 30 December 2011.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-08-11 | 3.63 |
| 2026-08-12 | 3.63 |
| 2026-08-13 | 3.63 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Federal funds effective rate |
| Country | United States |
| Economic concept | Interest rate |
| Data type | Interest rate |
| Deflation method | Nominal |
| Seasonally adjusted | No |
| Rescaling | None |
| Frequency | Daily |
| Unit | Percentage points |
| Source | Board of Governors of the Federal Reserve System |
| Source type | Central bank |
| Data licence | Licence to copy and distribute without permission |
| Measure type | Level |
Series in the same data set
Discover the other time series included in this data set.
Fed funds
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Federal funds effective rate (percentage points) - United States - FED Board - Daily | 18138 | 1954-07-01 | 2026-08-13 |
Commercial paper
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 30-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6967 | 1997-01-02 | 2026-08-13 |
| 60-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6190 | 1997-01-02 | 2026-08-13 |
| 90-Day AA Nonfinancial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5295 | 1997-01-02 | 2026-08-13 |
| 30-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6070 | 1997-01-02 | 2026-08-12 |
| 60-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 5776 | 1997-01-02 | 2026-08-05 |
| 90-Day AA Financial Commercial Paper Interest Rate (percentage points) - United States - FED Board - Daily | 6733 | 1997-01-02 | 2026-08-13 |
Prime bank rate
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Prime rate charged by banks on short-term loans to business (percentage points) - United States - FED Board - Weekly | 18103 | 1955-08-04 | 2026-08-13 |
Treasury bills
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| 4-week Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 6261 | 2001-07-31 | 2026-08-13 |
| 3-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 18145 | 1954-01-04 | 2026-08-13 |
| 6-month Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 16905 | 1958-12-09 | 2026-08-13 |
| 1-year Treasury bill secondary market rate (percentage points) - United States - FED Board - Daily | 15069 | 1959-07-15 | 2026-08-13 |