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View data of the effective federal funds rate, or the interest rate depository institutions charge each other for overnight loans of funds. The federal funds rate is currently 4.50% to 4.75%. Get the latest fed funds rate data updated daily
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Bankrate.com provides today's current federal funds rate and rates index. The fomc sets the federal funds rate to guide overnight lending by banks The rate charged for discounts made and advances extended under the federal reserve's primary credit discount window program, which became effective january 9, 2003
This rate replaces that for adjustment credit, which was discontinued after january 8, 2003.
Effective federal funds rate the federal funds market consists of domestic unsecured borrowings in u.s The benchmark interest rate in the united states was last recorded at 4.25 percent This page shows the current and historic values of the federal funds rate as set by the american central bank (federal reserve system, fed) The fed's federal fund rate is often regarded as the most important interest rate of the federal reserve.
