Aurea Phyllys

Fed Interest Rates 2024 Chart. The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at federal reserve banks) with each other overnight. Graph and download economic data for fomc summary of economic projections for the fed funds rate, range, low (fedtarrl) from 2024 to 2026 about.

It influences other interest rates such as the prime rate, which is the rate banks charge their customers with higher credit ratings. 72 rows the current federal funds rate as of july 18, 2024 is 5.33%.