Interest rates
Effective Fed Funds Rate
The overnight interest rate US banks charge each other — the Fed’s main policy rate.
3.88%
24h 0.00 pp7d 0.00 pp30d 0.00 pp
Low Data as of 2026-11-05
Trend
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Range statistics
30-day high
3.88%
30-day low
3.88%
30-day average
3.88%
Position in 30-day range
100%
90-day high
3.88%
90-day low
3.63%
90-day average
3.77%
Position in 90-day range
100%
What it measures
Published daily by the New York Fed, the EFFR reflects where the Federal Reserve’s policy rate actually trades.
How to read it
Higher rates make holding cash more attractive and usually reduce appetite for speculative assets. Changes around Fed meetings are worth watching.
Source: Federal Reserve Bank of New York