# United States Federal Funds Effective Rate

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%.

- Source agency: Board of Governors of the Federal Reserve System
- Makrognosis code: `US.FFR.D.NSA`
- Frequency: daily
- Units: %
- Coverage: 2000-07-03 to 2026-11-09 (6,627 observations)
- Page: https://makrognosis.robomacro.com/data/united-states/federal-funds-effective-rate

## Recent data

| Period | Value |
|---|---:|
| 9 November 2026 | 3.9% |
| 8 November 2026 | 3.9% |
| 7 November 2026 | 3.9% |
| 6 November 2026 | 3.9% |
| 5 November 2026 | 3.9% |
| 4 November 2026 | 3.9% |
| 3 November 2026 | 3.9% |
| 2 November 2026 | 3.9% |
| 1 November 2026 | 3.9% |
| 31 October 2026 | 3.9% |
| 30 October 2026 | 3.9% |
| 29 October 2026 | 3.9% |
| 28 October 2026 | 3.9% |
| 27 October 2026 | 3.9% |
| 26 October 2026 | 3.9% |
| 23 October 2026 | 3.9% |
| 22 October 2026 | 3.9% |
| 21 October 2026 | 3.9% |
| 20 October 2026 | 3.9% |
| 19 October 2026 | 3.9% |
| 16 October 2026 | 3.9% |
| 15 October 2026 | 3.9% |
| 14 October 2026 | 3.9% |
| 13 October 2026 | 3.9% |

## API

```
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"]
```