Effective Federal Funds Rate:

1.90% for Sep 19 2019
Add to Watchlists
Create an Alert

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 Federal Funds Rate is extremely important because it can act as the benchmark to set other rates. 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 Funds rate nearly reached zero when quantitative easing was put into effect.

Effective Federal Funds Rate is at 1.90%, compared to 2.25% yesterday and 1.92% last year. This is lower than the long term average of 4.79%.

View Full Chart

Chart

Export Data
Save Image
Print Image

Historical Data

View and export this data going back to 1954. Start your Free Trial
Export Data Date Range:
Data for this Date Range  
Sept. 19, 2019 1.90%
Sept. 18, 2019 2.25%
Sept. 17, 2019 2.30%
Sept. 16, 2019 2.25%
Sept. 15, 2019 2.14%
Sept. 14, 2019 2.14%
Sept. 13, 2019 2.14%
Sept. 12, 2019 2.13%
Sept. 11, 2019 2.13%
Sept. 10, 2019 2.13%
Sept. 9, 2019 2.13%
Sept. 8, 2019 2.12%
Sept. 7, 2019 2.12%
Sept. 6, 2019 2.12%
Sept. 5, 2019 2.13%
Sept. 4, 2019 2.13%
Sept. 3, 2019 2.13%
Sept. 2, 2019 2.13%
Sept. 1, 2019 2.13%
Aug. 31, 2019 2.13%
Aug. 30, 2019 2.13%
Aug. 29, 2019 2.12%
Aug. 28, 2019 2.12%
Aug. 27, 2019 2.12%
Aug. 26, 2019 2.12%
   
Aug. 25, 2019 2.12%
Aug. 24, 2019 2.12%
Aug. 23, 2019 2.12%
Aug. 22, 2019 2.12%
Aug. 21, 2019 2.12%
Aug. 20, 2019 2.13%
Aug. 19, 2019 2.13%
Aug. 18, 2019 2.13%
Aug. 17, 2019 2.13%
Aug. 16, 2019 2.13%
Aug. 15, 2019 2.13%
Aug. 14, 2019 2.12%
Aug. 13, 2019 2.12%
Aug. 12, 2019 2.12%
Aug. 11, 2019 2.12%
Aug. 10, 2019 2.12%
Aug. 9, 2019 2.12%
Aug. 8, 2019 2.12%
Aug. 7, 2019 2.12%
Aug. 6, 2019 2.13%
Aug. 5, 2019 2.13%
Aug. 4, 2019 2.14%
Aug. 3, 2019 2.14%
Aug. 2, 2019 2.14%
Aug. 1, 2019 2.14%

There is no data for the selected date range.

An error occurred. Please try again by refreshing your browser or contact us with details of your problem.

Advertisement

Stats

Last Value 1.90%
Latest Period Sep 19 2019
Last Updated Sep 20 2019, 17:05 EDT
Next Release Sep 23 2019, 16:15 EDT
Long Term Average 4.79%
Value from 1 Year Ago 1.92%
Change from 1 Year Ago -1.04%
Frequency Daily
Unit Percent
Adjustment N/A
Download Source File Upgrade

Excel Add-In Codes

  • Indicator Code: I:EFFRND
  • Indicator Name: =YCI("I:EFFRND","name")
  • Data Point Example: =YCP("I:EFFRND")
  • Data Series Example: =YCS("I:EFFRND",,-4)

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

Access our powerful Excel Add-in with a YCharts Professional Membership. Learn More.

{{root.upsell.info.feature_headline}}.

{{root.upsell.info.feature_description}}

Please note that this feature is only available as an add-on to YCharts subscriptions.


Please note that this feature requires full activation of your account and is not permitted during the free trial period.

Start My Free Trial {{root.upsell.info.call_to_action}} No credit card required.

Already a subscriber? Sign in.