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Effective Federal Funds Rate Today

ByConvex Research Desk·Edited byBen Bleier·

The Effective Federal Funds Rate is currently 3.64%, last updated , up 0.00% from yesterday.

Current
3.64%
1 Day
+0.00%
1 Week
+0.00%
1 Month
+0.00%

Data as of · Source: FRED

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Frequently Asked Questions

What is the effective federal funds rate today?
The Effective Federal Funds Rate is currently 3.64%, last updated April 30, 2026. It is up 0.00% from yesterday.
When was the effective federal funds rate last updated?
The Effective Federal Funds Rate on this page was last updated April 30, 2026, fetched 8 min ago. Data refreshes every 10 minutes and is sourced from the Federal Reserve (FRED).
How has the effective federal funds rate changed recently?
Over the past 30 days the Effective Federal Funds Rate has moved from 3.64% to 3.64%, a gain of 0.00%. Week over week it is up 0.00%.
What does the current effective federal funds rate reading mean?
At 3.64% the Effective Federal Funds Rate is roughly in line with its level 30 days ago (3.64%). Effective federal funds rate, the actual rate banks charge each other overnight.
Where can I see the full history of the effective federal funds rate?
Full history, chart, and forecast for Effective Federal Funds Rate are available on the dedicated Effective Fed Funds Rate page, with data back to the earliest available observation.

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Data sourced from the Federal Reserve (FRED). Updated daily. For informational purposes only, not financial advice.