Federal Reserve Federal Funds Rates since 1954
About the Federal Reserve Federal Funds Rate
The Federal Funds Rate is the interest rate paid by depositor organisations with the Federal Reserve in the United States when borrowing from other depositors. The governers of the Federal Reserve periodically set a target rate to indicate what rate they would like to see depositors lend at, although the actual rate fluctuates slightly from day to day.
The Federal Funds target rate is set at meetings of the Federal Open Market Committee. This must, by law, meet at least 4 times a year, and typically meets every 1 - 2 months. The actual rate paid by depositors is calculated every night.
Graph of Historial Federal Funds Rates
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You can download a CSV file containing all the rate changes since 1954. The file is automatically updated with each rate change within 2 working days.
Recent Rates
| Rate Name | Value | |
|---|---|---|
 | Bank Rate | 0.5 |
 | ECB Refinancing Rate | 1.0000 |
 | Fed Funds Overnight Rate | 0.10 |
| LIBOR (3 month sterling) | 1.11 |
| LIBOR (1 month sterling) | 0.63 |
| London PM Gold Fix (Sterling) | 1107.107 |
| London PM Gold Fix (USD) | 1751 |