The effective federal funds rate (EFFR) is calculated as a volume-weighted median of overnight federal funds transactions of selected money market rates. EFFR is the rate associated with transactions at the 50th percentile of transaction volume. Transaction volume in the federal fund market and selected other percentiles are also available. Intraday highs and lows and the standard deviation series are provided as discontinued due to the changes to the calculation of the EFFR implemented at the beginning of March.
- Changes to Freddie Mac Dataset in FRED
- Teaching About Income and Wealth Inequality | Bring FRED into the Classroom | November 2022
- Teaching the Economics of Sports | Bring FRED into the Classroom | October 2022
- FRED Adds Large Bank Consumer Credit Card and Mortgage Data
- FRED Adds New ADP National Employment Report Data