Monthly Average Federal Funds Rate

Monthly Average Federal Funds Rate

THE FEDERAL FUNDS RATE IS THE COST OF BORROWING IMMEDIATELY AVAILABLE FUNDS, PRIMARILY FOR ONE DAY. THE EFFECTIVE RATE IS A WEIGHTED AVERAGE OF THE REPORTED RATES AT WHICH DIFFERENT AMOUNTS OF THE DAY'S TRADING THROUGH NEW YORK BROKERS OCCURS.

You will find graphic data and other information at http://research.stlouisfed.org/fred2/series/FEDFUNDS.

Monthly Average Fedfund Rate

01/1992     4.03
02/1992     4.06
03/1992     3.98
04/1992     3.73
05/1992     3.82
06/1992     3.76
07/1992     3.25
08/1992     3.30
09/1992     3.22
10/1992     3.10
11/1992     3.09
12/1992     2.92
01/1993     3.02
02/1993     3.03
03/1993     3.07
04/1993     2.96
05/1993     3.00
06/1993     3.04
07/1993     3.06
08/1993     3.03
09/1993     3.09
10/1993     2.99
11/1993     3.02
12/1993     2.96
01/1994     3.05
02/1994     3.25
03/1994     3.34
04/1994     3.56
05/1994     4.01
06/1994     4.25
07/1994     4.26
08/1994     4.47
09/1994     4.73
10/1994     4.76
11/1994     5.29
12/1994     5.45

01/1995     5.53
02/1995     5.92
03/1995     5.98
04/1995     6.05
05/1995     6.01
06/1995     6.00
07/1995     5.85
08/1995     5.74
09/1995     5.80
10/1995     5.76
11/1995     5.80
12/1995     5.60
01/1996     5.56
02/1996     5.22
03/1996     5.31
04/1996     5.22
05/1996     5.24
06/1996     5.27
07/1996     5.40
08/1996     5.22
09/1996     5.30
10/1996     5.24
11/1996     5.31
12/1996     5.29
01/1997     5.25
02/1997     5.19
03/1997     5.39
04/1997     5.51
05/1997     5.50
06/1997     5.56
07/1997     5.52
08/1997     5.54
09/1997     5.54
10/1997     5.50
11/1997     5.52
12/1997     5.50

01/1998     5.56
02/1998     5.51
03/1998     5.49
04/1998     5.45
05/1998     5.49
06/1998     5.56
07/1998     5.54
08/1998     5.55
09/1998     5.51
10/1998     5.07
11/1998     4.83
12/1998     4.68
01/1999     4.63
02/1999     4.76
03/1999     4.81
04/1999     4.74
05/1999     4.76
06/1999     4.76
07/1999     4.99
08/1999     5.07
09/1999     5.22
10/1999     5.20
11/1999     5.42
12/1999     5.30
01/2000     5.45
02/2000     5.73
03/2000     5.85
04/2000     6.02
05/2000     6.27
06/2000     6.53
07/2000     6.54
08/2000     6.50
09/2000     6.52
10/2000     6.51
11/2000     6.51
12/2000     6.40

01/2001    5.98
02/2001    5.49
03/2001    5.31
04/2001    4.80
05/2001    4.21
06/2001    3.97
07/2001    3.77
08/2001    3.65
09/2001    3.07
10/2001    2.49
11/2001    2.09
12/2001    1.82
01/2002    1.73
02/2002    1.74
03/2002    1.73
04/2002    1.75
05/2002    1.75
06.2002    1.75
07/2002    1.73
08/2002    1.74
09/2002    1.75
10/2002    1.75
11/2002    1.34
12/2002    1.24
01/2003    1.24
02/2003    1.26
03/2003    1.25
04/2003    1.26
05/2003    1.26
06/2003    1.22
07/2003    1.01
08/2003    1.03
09/2003    1.01
10/2003    1.01
11/2003    1.00
12/2003    0.98

01/2004    1.00
02/2004    1.01
03/2004    1.00
04/2004    1.00
05/2004    1.00
06/2004    1.03
07/2004    1.26
08/2004    1.43
09/2004    1.61
10/2004    1.76
11/2004    1.93
12/2004    2.16
01/2005    2.28
02/2005    2.50
03/2005    2.63
04/2005    2.79
05/2005    3.00
06/2005    3.04
07/2005    3.26
08/2005    3.50
09/2005    3.62
10/2005    3.78
11/2005    4.00
12/2005    4.16
01/2006    4.29
02/2006    4.49
03/2006    4.59
04/2006    4.79
05/2006    4.94
06/2006    4.99
07/2006    5.24
08/2006    5.25
09/2006    5.25
10/2006    5.25
11/2006    5.25
12/2006    5.24

01/2007    5.25
02/2007    5.26
03/2007    5.26
04/2007    5.25
05/2007    5.25
06/2007    5.25
07/2007    5.26
08/2007    5.02
09/2007    4.94
10/2007    4.76
11/2007    4.49
12/2007    4.24
01/2008    3.94
02/2008    2.98
03/2008    2.61
04/2008    2.28
05/2008    1.98
06/2008    2.00
07/2008    2.01

The above information was obtained from The Board of Governor of the Federal Reserve System.