Federal Reserve Economic Data: Your trusted data source since 1991

Effective Federal Funds Rate: 1st Percentile (EFFR1)

Observation:

2024-04-15: 5.31 (+ more)   Updated: Apr 16, 2024 8:01 AM CDT
2024-04-15:  5.31  
2024-04-12:  5.31  
2024-04-11:  5.31  
2024-04-10:  5.31  
2024-04-09:  5.31  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Daily

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, April 16, 2024.

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