History
of the Target Fed Funds Rate
from 1990 to The Present
-
Click Here for the Current Fed Funds Target Rate -
|
| Change Date |
Rate (%) |
| January 1, 1990 |
8.25 |
| July 13, 1990 |
8.00 |
| October 29, 1990 |
7.75 |
| November 14, 1990 |
7.50 |
| December 7, 1990 |
7.25 |
| December 19, 1990 |
7.00 |
| January 8, 1991 |
6.75 |
| February 1, 1991 |
6.25 |
| March 8, 1991 |
6.00 |
| April 30, 1991 |
5.75 |
| August 6, 1991 |
5.50 |
| September 13, 1991 |
5.25 |
| October 10, 1991 |
5.00 |
| November 6, 1991 |
4.75 |
| December 11, 1991 |
4.50 |
| December 20, 1991 |
4.00 |
| April 9, 1992 |
3.75 |
| July 2, 1992 |
3.25 |
| September 4, 1992 |
3.00 |
| February 4, 1994 |
3.25 |
| March 22, 1994 |
3.50 |
| April 18,1994 |
3.75 |
| May 17, 1994 |
4.25 |
| August 16, 1994 |
4.75 |
| November 15, 1994 |
5.50 |
| February 1, 1995 |
6.00 |
| July 6, 1995 |
5.75 |
| December 19, 1995 |
5.50 |
| January 31, 1996 |
5.25 |
| March 25, 1997 |
5.50 |
| September 29, 1998 |
5.25 |
| October 15, 1998 |
5.00 |
| November 17, 1998 |
4.75 |
| June 30, 1999 |
5.00 |
| August 24, 1999 |
5.25 |
| November 16, 1999 |
5.50 |
| February 2, 2000 |
5.75 |
| March 21, 2000 |
6.00 |
| May 16, 2000 |
6.50 |
| January 3, 2001 |
6.00 |
| January 31, 2001 |
5.50 |
| March 20, 2001 |
5.00 |
| April 18, 2001 |
4.50 |
| May 15, 2001 |
4.00 |
| June 27, 2001 |
3.75 |
| August 21, 2001 |
3.50 |
| September 17, 2001 |
3.00 |
| October 2, 2001 |
2.50 |
| November 6, 2001 |
2.00 |
| December 11, 2001 |
1.75 |
| November 6, 2002 |
1.25 |
| June 25,
2003 |
1.00 |
| June 30, 2004 |
1.25 |
| August 10, 2004 |
1.50 |
| September 21, 2004 |
1.75 |
| November 10, 2004 |
2.00 |
| December 14, 2004 |
2.25 |
| February 2, 2005 |
2.50 |
| March 22, 2005 |
2.75 |
| May 3, 2005 |
3.00 |
| June 30, 2005 |
3.25 |
| August 9, 2005 |
3.50 |
| September 20, 2005 |
3.75 |
| November 1, 2005 |
4.00 |
| December 13, 2005 |
4.25 |
| January 31, 2006 |
4.50 |
| March 28, 2006 |
4.75 |
| May 10, 2006 |
5.00 |
| June 29, 2006 |
5.25 |
| Change
Date |
Rate (%) |
| September 18, 2007 |
4.75 |
| October 31, 2007 |
4.50 |
| December 11, 2007 |
4.25 |
| January 22, 2008 |
3.50 |
| January 30, 2008 |
3.00 |
| March 18, 2008 |
2.25 |
| April 30, 2008 |
2.00 |
| October 8, 2008 |
1.50 |
| October 29, 2008 |
1.00 |
| December
16, 2008 |
0
- 0.25
(The
Current Target Range
for the Fed Funds Rate) |
May 1, 2013: The FOMC
has voted
to keep the target range
for the fed funds rate at 0% - 0.25%. The next FOMC meeting
and decision on short-term rates will be on June 19TH,
2013.
|
|
|
|
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to The Top of This Document |
Cumulative Average of The Fed Funds
Target Rate (1990 - Present): 4.272
Fed Funds Target Rate Mode (Most
Frequent Value; 1990 - Present): 5.5
The Median Fed Funds Target Rate
(1990 - Present): 4.5
|
Prime Rate |
Current Prime Rate | Prime
Rate History | Prime
Rate Forecast | SITEMAP
Mortgage
Refinance | Credit
Cards | Term
Life Insurance with No Doctor Visit | LIBOR
Chart:
U.S. Prime Rate vs. Fed Funds Target Rate vs. 1-Month LIBOR
vs. 3-Month LIBOR
Chart:
Effective Fed Funds Rate | Prepaid
Debit Cards | Mortgages
Rates |
|
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Rate Homepage |
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