Federal Funds Effective Rate
FRED series DFF
· Frequency: daily · Units: %
· last check 21s ago
Daily effective rate (DFF, since 1954). The New York Fed publishes each business day's rate at 9:00 ET the next morning as EFFR; FRED adds it to DFF in the afternoon, so until then the last day is EFFR's.
Days FRED does not have yet come from
EFFR: the same numbers, which FRED adds later.
15 Oct 20263.88%
Fed target range
3.75–4.00%since 17 Sep 2026 · +0.25 pp
vs previous
+0.00 pp
1 year-0.22 pp
Federal Funds Effective Rate, %
Table
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