Effective Federal Funds Rate (I:EFFRNM)
3.88% for Oct 2026
Level Chart
Basic Info
|
Effective Federal Funds Rate is at 3.88%, compared to 3.75% last month and 4.09% last year. This is lower than the long term average of 4.59%. |
| Report | H.15 Selected Interest Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 3.88% |
| Latest Period | Oct 2026 |
| Last Updated | Nov 2 2026, 16:21 EST |
| Next Release | Nov 11 2026, 16:15 EST |
| Long Term Average | 4.59% |
| Average Growth Rate | 14.74% |
| Value from Last Month | 3.75% |
| Change from Last Month | 3.47% |
| Value from 1 Year Ago | 4.09% |
| Change from 1 Year Ago | -5.13% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File |
Historical Data
| Date | Value |
|---|---|
| October 31, 2026 | 3.88% |
| September 30, 2026 | 3.75% |
| August 31, 2026 | 3.63% |
| July 31, 2026 | 3.63% |
| June 30, 2026 | 3.63% |
| May 31, 2026 | 3.63% |
| April 30, 2026 | 3.64% |
| March 31, 2026 | 3.64% |
| February 28, 2026 | 3.64% |
| January 31, 2026 | 3.64% |
| December 31, 2025 | 3.72% |
| November 30, 2025 | 3.88% |
| October 31, 2025 | 4.09% |
| September 30, 2025 | 4.22% |
| August 31, 2025 | 4.33% |
| July 31, 2025 | 4.33% |
| June 30, 2025 | 4.33% |
| May 31, 2025 | 4.33% |
| April 30, 2025 | 4.33% |
| March 31, 2025 | 4.33% |
| February 28, 2025 | 4.33% |
| January 31, 2025 | 4.33% |
| December 31, 2024 | 4.48% |
| November 30, 2024 | 4.64% |
| October 31, 2024 | 4.83% |
| Date | Value |
|---|---|
| September 30, 2024 | 5.13% |
| August 31, 2024 | 5.33% |
| July 31, 2024 | 5.33% |
| June 30, 2024 | 5.33% |
| May 31, 2024 | 5.33% |
| April 30, 2024 | 5.33% |
| March 31, 2024 | 5.33% |
| February 29, 2024 | 5.33% |
| January 31, 2024 | 5.33% |
| December 31, 2023 | 5.33% |
| November 30, 2023 | 5.33% |
| October 31, 2023 | 5.33% |
| September 30, 2023 | 5.33% |
| August 31, 2023 | 5.33% |
| July 31, 2023 | 5.12% |
| June 30, 2023 | 5.08% |
| May 31, 2023 | 5.06% |
| April 30, 2023 | 4.83% |
| March 31, 2023 | 4.65% |
| February 28, 2023 | 4.57% |
| January 31, 2023 | 4.33% |
| December 31, 2022 | 4.10% |
| November 30, 2022 | 3.78% |
| October 31, 2022 | 3.08% |
| September 30, 2022 | 2.56% |
News
Headline
Time (ET)
11/11 06:13
11/03 06:43
10/15 06:31
Basic Info
|
Effective Federal Funds Rate is at 3.88%, compared to 3.75% last month and 4.09% last year. This is lower than the long term average of 4.59%. |
| Report | H.15 Selected Interest Rates |
| Category | Interest Rates |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 3.88% |
| Latest Period | Oct 2026 |
| Last Updated | Nov 2 2026, 16:21 EST |
| Next Release | Nov 11 2026, 16:15 EST |
| Long Term Average | 4.59% |
| Average Growth Rate | 14.74% |
| Value from Last Month | 3.75% |
| Change from Last Month | 3.47% |
| Value from 1 Year Ago | 4.09% |
| Change from 1 Year Ago | -5.13% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | N/A |
| Download Source File |