Historical Year Data · 2008
Effective Fed Funds Rate in 2008
Effective Fed Funds Rate opened 2008 at 4.11% and closed at 0.14%, a -96.59% move for the year. The high of 4.27% was reached on January 7, and the low of 0.09% on December 26.
Open
4.11%
2008-01
Close
0.14%
252 data points
High
4.27%
Jan 7
Low
0.09%
Dec 26
Full Year Change
-96.59%
2007 Change
-42.26%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 4.11% | 3.22% | 4.27% | 3.22% | -21.65% |
| Feb | 3.12% | 3.01% | 3.12% | 2.71% | -3.53% |
| Mar | 3.10% | 2.51% | 3.10% | 2.08% | -19.03% |
| Apr | 2.38% | 2.37% | 2.38% | 1.99% | -0.42% |
| May | 2.16% | 1.98% | 2.23% | 1.85% | -8.33% |
| Jun | 2.06% | 2.47% | 2.47% | 1.84% | +19.90% |
| Jul | 2.11% | 2.09% | 2.16% | 1.92% | -0.95% |
| Aug | 2.04% | 1.94% | 2.09% | 1.88% | -4.90% |
| Sep | 1.96% | 2.03% | 2.80% | 1.08% | +3.57% |
| Oct | 1.15% | 0.22% | 2.97% | 0.22% | -80.87% |
| Nov | 0.23% | 0.52% | 0.62% | 0.23% | +126.09% |
| Dec | 0.52% | 0.14% | 0.52% | 0.09% | -73.08% |
Events During 2008
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