Effective Federal Funds Rate (I:EFFR)
5.03% for 2023
Level Chart
Basic Info
|
Effective Federal Funds Rate is at 5.03%, compared to 1.69% last year. This is higher than the long term average of 4.63%. |
| Report | H.15 Selected Interest Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 5.03% |
| Latest Period | 2023 |
| Last Updated | Jan 2 2024, 16:19 EST |
| Next Release | Apr 29 2024, 16:15 EDT |
| Long Term Average | 4.63% |
| Average Growth Rate | 41.21% |
| Value from 1 Year Ago | 1.69% |
| Change from 1 Year Ago | 197.6% |
| Frequency | Yearly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| December 31, 2023 | 5.03% |
| December 31, 2022 | 1.69% |
| December 31, 2021 | 0.08% |
| December 31, 2020 | 0.37% |
| December 31, 2019 | 2.16% |
| December 31, 2018 | 1.83% |
| December 31, 2017 | 1.00% |
| December 31, 2016 | 0.39% |
| December 31, 2015 | 0.13% |
| December 31, 2014 | 0.09% |
| December 31, 2013 | 0.11% |
| December 31, 2012 | 0.14% |
| December 31, 2011 | 0.10% |
| December 31, 2010 | 0.18% |
| December 31, 2009 | 0.16% |
| December 31, 2008 | 1.92% |
| December 31, 2007 | 5.02% |
| December 31, 2006 | 4.97% |
| December 31, 2005 | 3.22% |
| December 31, 2004 | 1.35% |
| December 31, 2003 | 1.13% |
| December 31, 2002 | 1.67% |
| December 31, 2001 | 3.88% |
| December 31, 2000 | 6.24% |
| December 31, 1999 | 4.97% |
| Date | Value |
|---|---|
| December 31, 1998 | 5.35% |
| December 31, 1997 | 5.46% |
| December 31, 1996 | 5.30% |
| December 31, 1995 | 5.83% |
| December 31, 1994 | 4.21% |
| December 31, 1993 | 3.02% |
| December 31, 1992 | 3.52% |
| December 31, 1991 | 5.69% |
| December 31, 1990 | 8.10% |
| December 31, 1989 | 9.21% |
| December 31, 1988 | 7.57% |
| December 31, 1987 | 6.66% |
| December 31, 1986 | 6.80% |
| December 31, 1985 | 8.10% |
| December 31, 1984 | 10.23% |
| December 31, 1983 | 9.09% |
| December 31, 1982 | 12.24% |
| December 31, 1981 | 16.39% |
| December 31, 1980 | 13.35% |
| December 31, 1979 | 11.20% |
| December 31, 1978 | 7.94% |
| December 31, 1977 | 5.54% |
| December 31, 1976 | 5.05% |
| December 31, 1975 | 5.82% |
| December 31, 1974 | 10.51% |
Basic Info
|
Effective Federal Funds Rate is at 5.03%, compared to 1.69% last year. This is higher than the long term average of 4.63%. |
| Report | H.15 Selected Interest Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 5.03% |
| Latest Period | 2023 |
| Last Updated | Jan 2 2024, 16:19 EST |
| Next Release | Apr 29 2024, 16:15 EDT |
| Long Term Average | 4.63% |
| Average Growth Rate | 41.21% |
| Value from 1 Year Ago | 1.69% |
| Change from 1 Year Ago | 197.6% |
| Frequency | Yearly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File | Upgrade |