Fed Funds Interest Rate (1954-2025)
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Fed Funds Interest Rate (1954-2025)
Interactive chart showing the current and historical daily level of the U.S. federal funds interest rate back to 1954. The fed funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis. The Federal Open Market ...
Jan 1, 2009
Fed Interest Rates Explained
Today the Federal Reserve cut interest rates by 0.25%. That choice was made, not because the US economy is great but because the Fed is concerned about the weakening jobs market. During his press conference to explain the rate cut decision, Fed Chairman Jerome Powell talked about the need to prop up the job market to ensure people can find a job and ensure wages continue to keep up with inflation. He also made it a point several times to mention that President Trump’s tariffs are absolutely cont
5:06
Today the Federal Reserve cut interest rates by 0.25%. That choice was made, not because the US economy is great but because the Fed is concerned about the weakening jobs market. During his press conference to explain the rate cut decision, Fed Chairman Jerome Powell talked about the need to prop up the job market to ensure people can find a job and ensure wages continue to keep up with inflation. He also made it a point several times to mention that President Trump’s tariffs are absolutely cont
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