US federal funds effective rate
ObservedMonthly average of the interest rate at which depository institutions lend reserve balances to each other overnight.
Ingestedfrom Federal Reserve Bank of St. LouisfreshJSON export
Current value, World
no observations ingested yet
- Geography
- World (WLD)
- Observation date
- none
- Unit
- percent
- Frequency
- monthly
- Ingested
- never
1-year changeno observations ingested yet
10-year trendno observations ingested yet
Historical series
US federal funds effective rate, World
Observed
No observations ingested yet for World.
Definition
What this measures
The federal funds effective rate is the volume-weighted median of overnight federal funds transactions reported to the Federal Reserve Bank of New York. The monthly value is the average of daily figures. Board of Governors H.15 release, FRED series FEDFUNDS, percent, not seasonally adjusted.
- Direction
- contextual, not scored
- Geography level
- country
- Slug
- us-federal-funds-rate
Economy & Capital
Related metrics
- GDP per person, constant 2015 US$Observed
- Gross capital formation as share of GDPObserved
- US 10-year Treasury yieldObserved
- US 10-year minus 2-year Treasury spreadObserved
- US 2-year Treasury yieldObserved
- US M2 money stockObserved
- US consumer price index, all itemsObserved
- US consumer price index, all items (BLS API)Observed
- US consumer price index, all items less food and energyObserved
- US consumer sentimentObserved
- US nominal GDPObserved
- US nominal GDP (BEA API)Observed
- US nonfarm payroll employmentObserved
- US personal consumption expenditures price indexObserved
- US producer price index, all commoditiesObserved
- US real GDPObserved
- US real gross national productObserved
- US real private fixed investmentObserved
- US retail and food services salesObserved
- US total business inventoriesObserved
- US total vehicle salesObserved
- US unemployment rateObserved
Provenance and methodologysource, series, ingestion, revisions
- Classification
- Observedpublished by the cited source, ingested without transformation
- Source organization
- Federal Reserve Bank of St. Louis, FRED economic data (API)
- Series ID
FEDFUNDSlast fetch: ok- Source links
- Source homepage: https://fred.stlouisfed.org
- License and attribution
- License review requiredFederal Reserve Bank of St. Louis, FRED. Individual series carry their own originating-source license.
- Last source update
- 2026-09-01 15:16:43-05(source revision label as published by the provider)
- Last ingestion
- last successful runfresh
- Last run
- success2026-09-07 10:04 UTC
- Parser version
- fred-api/1.0.0
- Methodology version
- 1.0
- Quality and confidence
- Not revised after publication.Ingestion rejects values outside -5 to 50 percent.
- Revisions
- no observations ingested yet