Makrognosis

United States Federal Funds Effective Rate

DailyNot seasonally adjustedCode US.FFR.D.NSA

Latest3.9%9 November 2026
Previous3.9%8 November 2026
Year ago3.9%7 November 2025

United States Federal Funds Effective Rate was 3.9% in 9 November 2026, unchanged from 8 November 2026 and unchanged from a year earlier.

Over the past ten years it has ranged from 0.04% (23 Apr 2020) to 5.3% (27 Jul 2023), averaging 2.5%.

United States Federal Funds Effective Rate (%), 3 Jul 2000 – 9 Nov 20260%2%4%6%8%20052010201520202025Robomacro
United States Federal Funds Effective Rate (%), 3 Jul 2000 – 9 Nov 2026. Source: Board of Governors of the Federal Reserve System.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
9 November 20263.9%
8 November 20263.9%
7 November 20263.9%
6 November 20263.9%
5 November 20263.9%
4 November 20263.9%
3 November 20263.9%
2 November 20263.9%
1 November 20263.9%
31 October 20263.9%
30 October 20263.9%
29 October 20263.9%
28 October 20263.9%
27 October 20263.9%
26 October 20263.9%
23 October 20263.9%
22 October 20263.9%
21 October 20263.9%
20 October 20263.9%
19 October 20263.9%
16 October 20263.9%
15 October 20263.9%
14 October 20263.9%
13 October 20263.9%

Last 24 observations. The full history (6,627 observations) is available through the API.

Get United States Federal Funds Effective Rate in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.FFR.D.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.FFR.D.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observation9 November 2026
First observation3 July 2000
Observations6,627
FrequencyDaily
Units%
AdjustmentNot seasonally adjusted
10-year high5.3% (27 Jul 2023)
10-year low0.04% (23 Apr 2020)
10-year average2.5%
Source agencyBoard of Governors of the Federal Reserve System
Makrognosis codeUS.FFR.D.NSA

Other United States indicators

United States GDP (Gross Domestic Product)United States Nominal GDP (SAAR)United States CPI-U, All Items (NSA)United States Inflation Rate (CPI)United States Core CPI (ex food & energy) (NSA)United States Core Inflation RateUnited States Unemployment RateUnited States Unemployment Rate (NSA)United States Credit Rating & Sovereign Risk ScoreUnited States Industrial ProductionUnited States Retail SalesUnited States Producer Price Inflation (PPI)United States Current account balance, SAUnited States Current account balance, annualUnited States Trade Balance: Goods & ServicesUnited States Exports of Goods & Services (BOP basis)

FAQ

What is the current federal Funds Effective Rate in United States?
The latest reading is 3.9% for 9 November 2026, published by Board of Governors of the Federal Reserve System.
Where does this data come from?
It is collected directly from Board of Governors of the Federal Reserve System and is available through the Makrognosis API under the code US.FFR.D.NSA.

Last updated 2026-11-12. Source: Board of Governors of the Federal Reserve System. Original title: “Federal Funds Effective Rate”.