United States Effective Federal Funds Rate
3.6%▲ +0 pt
Sep 2026 · Daily
The effective federal funds rate rose to 3.88% on September 17, 2026, from 3.63% previously. The rate had been at 3.63% since September 5, ending a 12-day stretch at that level. It is the highest since December 10, 2025, but remains below the year-ago level of 4.33%. The rate is well below its all-time high of 22.36% from July 1981 and above its all-time low of 0.04% from April 2020, according to the Federal Reserve Bank of St. Louis.
source: Federal Reserve Bank of St. Louis
Effective Federal Funds Rate in United States held at 3.6% on Sep 2026 from 3.6% in Sep 2026.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 3.6% | 3.6% | 22.4%Jul 1981 | 0.0%Apr 2020 | 1954 – 2026 | Daily |
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About this series
Effective Federal Funds Rate in United States averaged 2.9% from 1990 until 2026, reaching an all-time high of 22.4% in Jul 1981 and a record low of 0.0% in Apr 2020. The series is reported daily with history from 1954.
Source & methodology
Federal Reserve Bank of St. Louis · Federal Reserve Bank of St. Louis (FRED)
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