Effective fed funds · daily
The published daily effective federal funds rate, distinct from the monthly average.
3.88%
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Effective fed funds · daily: 3.88% for Sep 24, 2026; 0 bps versus Sep 23, 2026. 2,695 observations beginning Jan 4, 2016. Downloaded Sep 27, 2026 from FRED. Values may be revised by the source.