Effective Federal Funds Rate: 1st Percentile (EFFR1)

Observations

2026-09-25: 3.85
Updated: Sep 28, 2026 8:02 AM CDT
Next Release Date: Sep 29, 2026
2026-09-25:  3.85  
2026-09-24:  3.85  
2026-09-23:  3.86  
2026-09-22:  3.85  
2026-09-21:  3.85  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily

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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: 1st Percentile [EFFR1], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EFFR1, .

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

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Tags

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

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