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Effective Federal Funds Rate:

0.09% for Oct 17 2014
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Effective Federal Funds Rate is at 0.09%, compared to 0.09% yesterday and 0.10% last year. This is lower than the long term average of 5.09%.

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Effective Federal Funds Rate Chart

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Effective Federal Funds Rate Historical Data

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Export Data Date Range:
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Data for this Date Range  
Oct. 17, 2014 0.09%
Oct. 16, 2014 0.09%
Oct. 15, 2014 0.09%
Oct. 14, 2014 0.09%
Oct. 13, 2014 0.09%
Oct. 12, 2014 0.09%
Oct. 11, 2014 0.09%
Oct. 10, 2014 0.09%
Oct. 9, 2014 0.08%
Oct. 8, 2014 0.09%
Oct. 7, 2014 0.09%
Oct. 6, 2014 0.09%
Oct. 5, 2014 0.09%
Oct. 4, 2014 0.09%
Oct. 3, 2014 0.09%
Oct. 2, 2014 0.09%
Oct. 1, 2014 0.09%
Sept. 30, 2014 0.07%
Sept. 29, 2014 0.08%
Sept. 28, 2014 0.09%
Sept. 27, 2014 0.09%
Sept. 26, 2014 0.09%
Sept. 25, 2014 0.09%
Sept. 24, 2014 0.09%
Sept. 23, 2014 0.09%
   
Sept. 22, 2014 0.09%
Sept. 21, 2014 0.09%
Sept. 20, 2014 0.09%
Sept. 19, 2014 0.09%
Sept. 18, 2014 0.09%
Sept. 17, 2014 0.09%
Sept. 16, 2014 0.09%
Sept. 15, 2014 0.09%
Sept. 14, 2014 0.09%
Sept. 13, 2014 0.09%
Sept. 12, 2014 0.09%
Sept. 11, 2014 0.09%
Sept. 10, 2014 0.09%
Sept. 9, 2014 0.09%
Sept. 8, 2014 0.09%
Sept. 7, 2014 0.09%
Sept. 6, 2014 0.09%
Sept. 5, 2014 0.09%
Sept. 4, 2014 0.09%
Sept. 3, 2014 0.09%
Sept. 2, 2014 0.09%
Sept. 1, 2014 0.07%
Aug. 31, 2014 0.07%
Aug. 30, 2014 0.07%
Aug. 29, 2014 0.07%

There is no data for the selected date range.

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Effective Federal Funds Rate Summary

  • Last Value: 0.09%
  • Latest Period: Oct 17 2014
  • Updated: Oct 20, 2014, 4:23 PM EDT View Release
  • Next Release: Oct 21, 2014, 2:30 PM EDT
  • Frequency: Daily
  • Unit: Percent
  • Adjustment: N/A
  • Long Term Average: 5.09%
  • Value Previously: 0.09%
  • Change From Previous: 0.00%
  • Value One Year Ago: 0.10%
  • Change From One Year Ago: -10.00%
  • First Period: Jul 1 1954
  • First Value: 1.13%

Professional Data Verification

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Effective Federal Funds Rate Excel Add-In Codes

  • Indicator Code: I:EFFRND
  • Indicator Name: =YCI("I:EFFRND","name")
  • Latest Value: =YCP("I:EFFRND")
  • Last 5 Values: =YCS("I:EFFRND",,-4)

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

About Fed Funds Rate

The Fed Funds rate is the interest rate that institutions lend balances at overnight. The rate is established by the Federal Open Market Committee (FOMC).
Read full definition

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