CONVEX
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

MonthOpenCloseHighLowChange
Jan4.11%3.22%4.27%3.22%-21.65%
Feb3.12%3.01%3.12%2.71%-3.53%
Mar3.10%2.51%3.10%2.08%-19.03%
Apr2.38%2.37%2.38%1.99%-0.42%
May2.16%1.98%2.23%1.85%-8.33%
Jun2.06%2.47%2.47%1.84%+19.90%
Jul2.11%2.09%2.16%1.92%-0.95%
Aug2.04%1.94%2.09%1.88%-4.90%
Sep1.96%2.03%2.80%1.08%+3.57%
Oct1.15%0.22%2.97%0.22%-80.87%
Nov0.23%0.52%0.62%0.23%+126.09%
Dec0.52%0.14%0.52%0.09%-73.08%

Events During 2008

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