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Federal Funds Target Rate (DISCONTINUED) (DFEDTAR)

Observation:

2008-12-15: 1.0000  
Updated: May 4, 2015

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily,
7-Day
1Y | 5Y | 10Y | Max
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(a) Federal Funds Target Rate (DISCONTINUED), Percent, Not Seasonally Adjusted (DFEDTAR)
Data for the period prior to 1994 come from the working paper "A New Federal Funds Rate Target Series: September 27, 1982 - December 31, 1993" (Thornton, Federal Reserve Bank of St. Louis, 2005, http://research.stlouisfed.org/wp/2005/2005-032.pdf). Due to an error in the paper values from April 2, 1986 - April 20, 1986 were adjusted manually to 7.3125%. Data from 1994 to the present are derived from FOMC meeting transcripts and FOMC meeting statements, http://www.federalreserve.gov/fomc/.

Effective December 16, 2008, target rate is reported as a range. Current data at https://fred.stlouisfed.org/series/DFEDTARU and https://fred.stlouisfed.org/series/DFEDTARL

Federal Funds Target Rate (DISCONTINUED)

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NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: FOMC Press Release  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily

Notes:

Data for the period prior to 1994 come from the working paper "A New Federal Funds Rate Target Series: September 27, 1982 - December 31, 1993" (Thornton, Federal Reserve Bank of St. Louis, 2005, http://research.stlouisfed.org/wp/2005/2005-032.pdf). Due to an error in the paper values from April 2, 1986 - April 20, 1986 were adjusted manually to 7.3125%. Data from 1994 to the present are derived from FOMC meeting transcripts and FOMC meeting statements, http://www.federalreserve.gov/fomc/.

Effective December 16, 2008, target rate is reported as a range. Current data at https://fred.stlouisfed.org/series/DFEDTARU and https://fred.stlouisfed.org/series/DFEDTARL

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Federal Funds Target Rate (DISCONTINUED) [DFEDTAR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DFEDTAR, July 21, 2017.

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

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Federal Open Markets Committee Discontinued Federal St. Louis Fed Board of Governors Daily Interest Rate Interest Rate Not Seasonally Adjusted United States of America Nation
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