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Source: Board of Governors of the Federal Reserve System (US)
Release: FOMC Press Release
Units: Percent, Not Seasonally Adjusted
Frequency: Daily, 7-Day
This series represents upper limit of the federal funds target range established by the Federal Open Market Committee. The data updated each day is the data effective as of that day.
Board of Governors of the Federal Reserve System (US), Federal Funds Target Range - Upper Limit [DFEDTARU], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DFEDTARU, June 8, 2023.
Source: Board of Governors of the Federal Reserve System (US)
Release: FOMC Press Release
Units: Percent, Not Seasonally Adjusted
Frequency: Daily, 7-Day
This series represents lower limit of the federal funds target range established by the Federal Open Market Committee. The data updated each day is the data effective as of that day.
Board of Governors of the Federal Reserve System (US), Federal Funds Target Range - Lower Limit [DFEDTARL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DFEDTARL, June 8, 2023.
Source: Federal Reserve Bank of New York
Release: Federal Funds Data
Units: Percent, Not Seasonally Adjusted
Frequency: Daily
For additional historical federal funds rate data, please see Daily Federal Funds Rate from 1928-1954.
The federal funds market consists of domestic unsecured borrowings in U.S. dollars by depository institutions from other depository institutions and certain other entities, primarily government-sponsored enterprises.
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.
For more information, visit the Federal Reserve Bank of New York.
Federal Reserve Bank of New York, Effective Federal Funds Rate [EFFR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EFFR, June 8, 2023.
Source: Federal Reserve Bank of New York
Release: Secured Overnight Financing Rate Data
Units: Percent, Not Seasonally Adjusted
Frequency: Daily
Federal Reserve Bank of New York, Secured Overnight Financing Rate [SOFR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SOFR, June 8, 2023.