United States Fed Funds Target Rate

1971–2024

  • United States Central Bank Policy Rate is 5.375% on April 20, 2024, after reporting a value of 5.375% on the previous day.
  • United States Fed Funds Target Rate averaged 4.814% from January 8, 1971 to April 20, 2024, reaching an all time high of 19.000% on May 18, 1981 and a record low of 0.125% on December 16, 2008.

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Related Indicators
Name Reference Last Previous Unit
Fed Funds Target Rate April 20, 2024 5.375 5.375 percent
Broad Money February 2024 20,784 20,790 billion
Narrow Money February 2024 17,944 17,987 billion
Shadow Rate (Adjusted for Quantitative Easing/Tightening) March 2024 5.98 6.06 percent
This page provides the latest values for United States Fed Funds Target Rate, long-term historical data, charts, and statistics.