The monthly average of the federal funds rate. Shows the trend of overnight lending rates between banks over time. Compared to daily rates to see the full picture of Fed policy.
The monthly average of the federal funds rate. Shows the trend of overnight lending rates between banks over time. Compared to daily rates to see the full picture of Fed policy.
This data is updated automatically from FRED (Federal Reserve Economic Data). Most rates are updated daily or weekly. Check back regularly for the latest figures.
Fed Funds (Monthly) influences borrowing costs, savings rates, and investment returns. When rates rise, mortgages and loans become more expensive; when they fall, borrowing becomes cheaper and existing bonds lose value.
All data is sourced from FRED (Federal Reserve Economic Data), the official economic database maintained by the Federal Reserve Bank of St. Louis. FRED provides free access to US economic and financial data.