Fed Funds Interest Rate (1954-2025)

Markets Metals Energy Commodities Interest Rates Exchange Rates Economy

10Y Treasury Fed Funds Rate 1Y Treasury 5Y Treasury 30Y Treasury 30Y Mortgage 2Y Yield TED Spread

Interactive chart showing the current and historical daily level of the U.S. federal funds interest rate back to 1954. The fed funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis. The Federal Open Market Committee (FOMC) meets eight times a year to determine the federal funds target rate. The full historical dataset is available for download here: Fed Funds Interest Rate | Data | 1954-2025.