United States Fed Funds Target Rate

1971–2023

  • United States Central Bank Policy Rate is 5.125% on June 5, 2023, after reporting a value of 5.125% on the previous day.
  • United States Fed Funds Target Rate averaged 4.806% from January 8, 1971 to June 5, 2023, 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 June 5, 2023 5.125 5.125 percent
Broad Money April 2023 20,673 20,840 billion
Narrow Money April 2023 18,629 18,964 billion
Shadow Rate (Adjusted for Quantitative Easing/Tightening) February 2023 5.16 4.91 percent
This page provides the latest values for United States Fed Funds Target Rate, long-term historical data, charts, and statistics.