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Overview

Federal Funds Effective Rate

Daily Federal Funds Rate from 1928-1954 (https://fred.stlouisfed.org/categories/33951). The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight. When a depository institution has surplus balances in its reserve account, it lends to other banks in need of larger balances. In simpler terms, a bank with excess cash, which is often referred to as liquidity, will lend to another bank that nee…

Source: FRED (St. Louis Fed)
Category: economy
Tags: interest-ratesfedfred
Rows: 866
Date range: 1954-07-01 – 2026-08-01 (date)
Last refresh: 2026-09-21T00:20:27+00:00 (cadence: weekly)
Quality score: 100.0 / 100

commercial use OK freshness: fresh

Data preview

Showing rows 1–100 of 866 · page 1 of 9

date	value
1954-07-01	0.8
1954-08-01	1.22
1954-09-01	1.07
1954-10-01	0.85
1954-11-01	0.83
1954-12-01	1.28
1955-01-01	1.39
1955-02-01	1.29
1955-03-01	1.35
1955-04-01	1.43
1955-05-01	1.43
1955-06-01	1.64
1955-07-01	1.68
1955-08-01	1.96
1955-09-01	2.18
1955-10-01	2.24
1955-11-01	2.35
1955-12-01	2.48
1956-01-01	2.45
1956-02-01	2.5
1956-03-01	2.5
1956-04-01	2.62
1956-05-01	2.75
1956-06-01	2.71
1956-07-01	2.75
1956-08-01	2.73
1956-09-01	2.95
1956-10-01	2.96
1956-11-01	2.88
1956-12-01	2.94
1957-01-01	2.84
1957-02-01	3
1957-03-01	2.96
1957-04-01	3
1957-05-01	3
1957-06-01	3
1957-07-01	2.99
1957-08-01	3.24
1957-09-01	3.47
1957-10-01	3.5
1957-11-01	3.28
1957-12-01	2.98
1958-01-01	2.72
1958-02-01	1.67
1958-03-01	1.2
1958-04-01	1.26
1958-05-01	0.63
1958-06-01	0.93
1958-07-01	0.68
1958-08-01	1.53
1958-09-01	1.76
1958-10-01	1.8
1958-11-01	2.27
1958-12-01	2.42
1959-01-01	2.48
1959-02-01	2.43
1959-03-01	2.8
1959-04-01	2.96
1959-05-01	2.9
1959-06-01	3.39
1959-07-01	3.47
1959-08-01	3.5
1959-09-01	3.76
1959-10-01	3.98
1959-11-01	4
1959-12-01	3.99
1960-01-01	3.99
1960-02-01	3.97
1960-03-01	3.84
1960-04-01	3.92
1960-05-01	3.85
1960-06-01	3.32
1960-07-01	3.23
1960-08-01	2.98
1960-09-01	2.6
1960-10-01	2.47
1960-11-01	2.44
1960-12-01	1.98
1961-01-01	1.45
1961-02-01	2.54
1961-03-01	2.02
1961-04-01	1.49
1961-05-01	1.98
1961-06-01	1.73
1961-07-01	1.17
1961-08-01	2
1961-09-01	1.88
1961-10-01	2.26
1961-11-01	2.61
1961-12-01	2.33
1962-01-01	2.15
1962-02-01	2.37
1962-03-01	2.85
1962-04-01	2.78
1962-05-01	2.36
1962-06-01	2.68
1962-07-01	2.71
1962-08-01	2.93
1962-09-01	2.9
1962-10-01	2.9

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Fields

Name	Type	Description	Unit / format	Nullable	Example values
`date`	date	Not documented by source	Not documented by source	No	1954-07-01, 1954-08-01, 1954-09-01
`value`	double	Not documented by source	Not documented by source	No	0.8, 1.22, 1.07

“Not documented by source” means the provider publishes no per-field documentation — descriptions are never invented.

Snapshots

Snapshot	Timestamp	Rows	Size	Quality	Download
`20260921T002027Z-eb03717dacac`	2026-09-21T00:20:27+00:00	866	9.2 KB	100.0	CSV JSON Parquet

Snapshots are immutable — the content hash is recorded for every version.

Source & license

Provider: FRED (St. Louis Fed)
Federal Reserve Economic Data (FRED) is maintained by the Federal Reserve Bank of St. Louis and publishes hundreds of thousands of U.S. and international economic time series from public and private sources.
Provider site: https://fred.stlouisfed.org
Source data URL: https://fred.stlouisfed.org/series/FEDFUNDS
License: OK for commercial use. Attribution is required when you use this data.
Commercial use: Yes
Attribution required: Federal Reserve Bank of St. Louis (FRED)
Terms: https://fred.stlouisfed.org/legal
Refresh cadence: weekly
Provenance: Ingested by the FRED (St. Louis Fed) connector (v1.0.0) from https://fred.stlouisfed.org/series/FEDFUNDS; latest snapshot 20260921T002027Z-eb03717dacac (sha256 eb03717dacac…)