Fed Interest Rates 2024 Chart By Month. It influences other interest rates and is influenced by the federal reserve's monetary policy. The effective federal funds rate (effr) is the median interest rate for overnight loans between banks and other entities.
View the monthly data of the federal funds effective rate, the interest rate at which banks trade balances held at federal reserve banks overnight. 26 rows in depth view into effective federal funds rate including historical data from 1954 to 2024, charts and stats.
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