Fundingdaily%
Effective federal funds rate
The volume-weighted median of overnight unsecured lending between banks, and the rate the Fed targets directly.
- Latest
- 3.880%
- As of
- 1 Oct 2026
- Standard deviations
- 1.15
- Percentile
- 84th percentile
The archive behind this
This page shows the last 30 days. Effective federal funds rate has 3,203 readings in the warehouse, back to 2 Jan 2014. A plan opens the rest of it, with CSV export and the analyst.
See plans
Source
Federal Reserve Bank of New York
© 2026 Federal Reserve Bank of New York. Content from the New York Fed subject to the Terms of Use at newyorkfed.org.
EFFR, the volume-weighted median of overnight federal funds transactions.
Informational research only. Nothing here is personalised investment advice.