Rates / Monthly / Percent

Effective fed funds rate

The monthly average effective federal funds rate.

3.63%0 bps vs Jul 2026Observation: Aug 2026
Effective fed funds rate
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FRED ↗Federal Reserve Board via FRED · FEDFUNDS
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Effective fed funds rate: 3.63% for Aug 2026; 0 bps versus Jul 2026. 128 observations beginning Jan 1, 2016. Downloaded Sep 27, 2026 from FRED. Values may be revised by the source.