Federal funds effective rate
Monthly average
January 1983 – October 2023
The line chart shows the federal funds effective rate from January 1983 through October 2023.
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
2024
0
1
2
3
4
5
6
7
8
9
10
11
12%
FEDFUNDS
2023 Oct
5.3%
2023 Oct
5.3%