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Effective Federal Funds Rate (EFFR)

Observation:

2018-08-14: 1.91  
Updated: 8:01 AM CDT

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily
1Y | 5Y | 10Y | Max
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(a) Effective Federal Funds Rate, Percent, Not Seasonally Adjusted (EFFR)
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, see https://www.newyorkfed.org/markets/obfrinfo

Effective Federal Funds Rate

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NOTES

Source: Federal Reserve Bank of New York  

Release: Federal Funds Data  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily

Notes:

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, see https://www.newyorkfed.org/markets/obfrinfo

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, August 15, 2018.

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Daily, Not Seasonally Adjusted Monthly, Not Seasonally Adjusted Weekly, Not Seasonally Adjusted

Related Categories

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

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New York Fed Federal Daily Rate United States of America Not Seasonally Adjusted Nation
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