This release contains information on the effective federal funds rate. Banks with excess cash will loan money to other banks for the purpose of the latter to raise liquidity. The average rate of these types of transactions is known as the effective federal funds rate.
This release contains information on the effective federal funds rate. Banks with excess cash will loan money to other banks for the purpose of the latter to raise liqudity. The average rate of these types of transactions is known as the effective federal funds rate.
The included data is provided by the Federal Reserve Bank of St. Louis' FRED (Federal Reserve Economic Data) platform, which contains information on over 700,000+ series related to historical economic data. If you are interested in learning more or want to explore other datasets maintained on FRED, visit the FRED homepage.
Data Source
This resource is presented in both the XLS and CSV formats. The included dataset contains the following columns:
date, ff
The ff column represents the weighted average rate which corresponds to the date column.