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Federal Funds Rate History: 1999 to 1990

Home Home > Mortgage Research > Historical Rates & Indexes: Fed Funds: 1999-1990

Month

1999

1998

1997

1996

1995

January

4.63 5.56 5.25 5.56 5.53

February

4.76 5.51 5.19 5.22 5.92

March

4.81 5.49 5.39 5.31 5.98

April

4.74 5.45 5.51 5.22 6.05

May

4.74 5.49 5.50 5.24 6.01

June

4.76 5.56 5.56 5.27 6.00

July

4.99 5.54 5.52 5.40 5.85

August

5.07 5.55 5.54 5.22 5.74

September

5.22 5.51 5.54 5.30 5.80

October

5.20 5.07 5.50 5.24 5.76

November

5.42 4.83 5.52 5.31 5.80

December

5.30 4.68 5.50 5.29 5.60

Month

1994

1993

1992

1991

1990

January

3.05 3.02 4.03 6.91 8.23

February

3.25 3.03 4.06 6.25 8.24

March

3.34 3.07 3.98 6.12 8.28

April

3.56 2.96 3.73 5.91 8.26

May

4.01 3.00 3.82 5.78 8.18

June

4.25 3.04 3.76 5.90 8.29

July

4.26 3.06 3.25 5.82 8.15

August

4.47 3.03 3.30 5.66 8.13

September

4.73 3.09 3.22 5.45 8.20

October

4.76 2.99 3.10 5.21 8.11

November

5.29 3.02 3.09 4.81 7.81

December

5.45 2.96 2.92 4.43 7.31
 

The Federal Funds Rate is the cost of borrowing immediately available funds, primarily for just one day.  The effective rate is weighted average of the reported rates at which different amounts of the day's trading through New York Brokers occurs. 

Federal Funds Rate History: For Historical Reference Only: Rates provided by the Federal Reserve System.  Accuracy of our information is not guaranteed. Some rates are rounded due mid-month changes or may contain typographical errors.  If you find a typographical error in the rate table let us know.