2 days ago · 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.

Jan 29, 2025 · After raising the federal funds rate to a 23-year high to curb a pandemic-related price surge in 2022 and 2023, the Fed slashed it as its preferred annual inflation measure fell from 5.6% in early ...

Jan 29, 2025 · The Fed said it will maintain the federal funds rate at its current range of 4.25% to 4.5%. The decision comes after the central bank trimmed rates three times starting in September 2024, which ...

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.

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.

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).

Graph and download economic data for Federal Funds Effective Rate from 1954-07-01 to 2027-01-01 about federal, interest rate, interest, rate, USA, projection, and median.

Jan 30, 2014 · The federal funds rate is the interest rate charged by banks to borrow from each other overnight. The Federal Reserve influences this rate through monetary policy decisions. Who sets the target range for the federal funds rate?

Jan 29, 2025 · Forbes Advisor has compiled this history as a handy guide to the course of the federal funds rate and the Federal Reserve’s monetary policy decisions since 1990. The federal funds rate is the...

Jan 27, 2025 · The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.