Effective Federal Funds Rate (EFFR)

Observations

Dec 2020: 0.09
Updated: May 29, 2026 11:15 AM CDT
Next Release Date: Jun 1, 2026
Dec 2020:  0.09  
Nov 2020:  0.09  
Oct 2020:  0.09  
Sep 2020:  0.09  
Aug 2020:  0.09  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Monthly,
Average

Fullscreen

Notes

Source: Federal Reserve Bank of New York  

Release: Federal Funds Data  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily

Notes:

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.

Suggested Citation:

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, .

Release Tables

Related Data and Content

Data Suggestions Based On Your Search

Content Suggestions

Related Categories

FRB Rates - discount, fed funds, primary credit Interest Rates Money, Banking, & Finance

Releases

More Series from Federal Funds Data

Tags

New York Fed Federal Daily Rate Copyrighted: Citation Required Nation United States of America Not Seasonally Adjusted

Back to Top

Subscribe to the FRED newsletter

Follow us

 

Need Help?

Questions or Comments
FRED Help
Legal
Privacy Notice & Policy