Interest rate 'liftoff' began in 2015, then picked up steam: Effective federal funds rate (FFR), 2000–2019
Observation date | Rate |
---|---|
Jan-2000 | 5.45% |
Feb-2000 | 5.73 |
Mar-2000 | 5.85 |
Apr-2000 | 6.02 |
May-2000 | 6.27 |
Jun-2000 | 6.53 |
Jul-2000 | 6.54 |
Aug-2000 | 6.5 |
Sep-2000 | 6.52 |
Oct-2000 | 6.51 |
Nov-2000 | 6.51 |
Dec-2000 | 6.4 |
Jan-2001 | 5.98 |
Feb-2001 | 5.49 |
Mar-2001 | 5.31 |
Apr-2001 | 4.8 |
May-2001 | 4.21 |
Jun-2001 | 3.97 |
Jul-2001 | 3.77 |
Aug-2001 | 3.65 |
Sep-2001 | 3.07 |
Oct-2001 | 2.49 |
Nov-2001 | 2.09 |
Dec-2001 | 1.82 |
Jan-2002 | 1.73 |
Feb-2002 | 1.74 |
Mar-2002 | 1.73 |
Apr-2002 | 1.75 |
May-2002 | 1.75 |
Jun-2002 | 1.75 |
Jul-2002 | 1.73 |
Aug-2002 | 1.74 |
Sep-2002 | 1.75 |
Oct-2002 | 1.75 |
Nov-2002 | 1.34 |
Dec-2002 | 1.24 |
Jan-2003 | 1.24 |
Feb-2003 | 1.26 |
Mar-2003 | 1.25 |
Apr-2003 | 1.26 |
May-2003 | 1.26 |
Jun-2003 | 1.22 |
Jul-2003 | 1.01 |
Aug-2003 | 1.03 |
Sep-2003 | 1.01 |
Oct-2003 | 1.01 |
Nov-2003 | 1 |
Dec-2003 | 0.98 |
Jan-2004 | 1 |
Feb-2004 | 1.01 |
Mar-2004 | 1 |
Apr-2004 | 1 |
May-2004 | 1 |
Jun-2004 | 1.03 |
Jul-2004 | 1.26 |
Aug-2004 | 1.43 |
Sep-2004 | 1.61 |
Oct-2004 | 1.76 |
Nov-2004 | 1.93 |
Dec-2004 | 2.16 |
Jan-2005 | 2.28 |
Feb-2005 | 2.5 |
Mar-2005 | 2.63 |
Apr-2005 | 2.79 |
May-2005 | 3 |
Jun-2005 | 3.04 |
Jul-2005 | 3.26 |
Aug-2005 | 3.5 |
Sep-2005 | 3.62 |
Oct-2005 | 3.78 |
Nov-2005 | 4 |
Dec-2005 | 4.16 |
Jan-2006 | 4.29 |
Feb-2006 | 4.49 |
Mar-2006 | 4.59 |
Apr-2006 | 4.79 |
May-2006 | 4.94 |
Jun-2006 | 4.99 |
Jul-2006 | 5.24 |
Aug-2006 | 5.25 |
Sep-2006 | 5.25 |
Oct-2006 | 5.25 |
Nov-2006 | 5.25 |
Dec-2006 | 5.24 |
Jan-2007 | 5.25 |
Feb-2007 | 5.26 |
Mar-2007 | 5.26 |
Apr-2007 | 5.25 |
May-2007 | 5.25 |
Jun-2007 | 5.25 |
Jul-2007 | 5.26 |
Aug-2007 | 5.02 |
Sep-2007 | 4.94 |
Oct-2007 | 4.76 |
Nov-2007 | 4.49 |
Dec-2007 | 4.24 |
Jan-2008 | 3.94 |
Feb-2008 | 2.98 |
Mar-2008 | 2.61 |
Apr-2008 | 2.28 |
May-2008 | 1.98 |
Jun-2008 | 2 |
Jul-2008 | 2.01 |
Aug-2008 | 2 |
Sep-2008 | 1.81 |
Oct-2008 | 0.97 |
Nov-2008 | 0.39 |
Dec-2008 | 0.16 |
Jan-2009 | 0.15 |
Feb-2009 | 0.22 |
Mar-2009 | 0.18 |
Apr-2009 | 0.15 |
May-2009 | 0.18 |
Jun-2009 | 0.21 |
Jul-2009 | 0.16 |
Aug-2009 | 0.16 |
Sep-2009 | 0.15 |
Oct-2009 | 0.12 |
Nov-2009 | 0.12 |
Dec-2009 | 0.12 |
Jan-2010 | 0.11 |
Feb-2010 | 0.13 |
Mar-2010 | 0.16 |
Apr-2010 | 0.2 |
May-2010 | 0.2 |
Jun-2010 | 0.18 |
Jul-2010 | 0.18 |
Aug-2010 | 0.19 |
Sep-2010 | 0.19 |
Oct-2010 | 0.19 |
Nov-2010 | 0.19 |
Dec-2010 | 0.18 |
Jan-2011 | 0.17 |
Feb-2011 | 0.16 |
Mar-2011 | 0.14 |
Apr-2011 | 0.1 |
May-2011 | 0.09 |
Jun-2011 | 0.09 |
Jul-2011 | 0.07 |
Aug-2011 | 0.1 |
Sep-2011 | 0.08 |
Oct-2011 | 0.07 |
Nov-2011 | 0.08 |
Dec-2011 | 0.07 |
Jan-2012 | 0.08 |
Feb-2012 | 0.1 |
Mar-2012 | 0.13 |
Apr-2012 | 0.14 |
May-2012 | 0.16 |
Jun-2012 | 0.16 |
Jul-2012 | 0.16 |
Aug-2012 | 0.13 |
Sep-2012 | 0.14 |
Oct-2012 | 0.16 |
Nov-2012 | 0.16 |
Dec-2012 | 0.16 |
Jan-2013 | 0.14 |
Feb-2013 | 0.15 |
Mar-2013 | 0.14 |
Apr-2013 | 0.15 |
May-2013 | 0.11 |
Jun-2013 | 0.09 |
Jul-2013 | 0.09 |
Aug-2013 | 0.08 |
Sep-2013 | 0.08 |
Oct-2013 | 0.09 |
Nov-2013 | 0.08 |
Dec-2013 | 0.09 |
Jan-2014 | 0.07 |
Feb-2014 | 0.07 |
Mar-2014 | 0.08 |
Apr-2014 | 0.09 |
May-2014 | 0.09 |
Jun-2014 | 0.1 |
Jul-2014 | 0.09 |
Aug-2014 | 0.09 |
Sep-2014 | 0.09 |
Oct-2014 | 0.09 |
Nov-2014 | 0.09 |
Dec-2014 | 0.12 |
Jan-2015 | 0.11 |
Feb-2015 | 0.11 |
Mar-2015 | 0.11 |
Apr-2015 | 0.12 |
May-2015 | 0.12 |
Jun-2015 | 0.13 |
Jul-2015 | 0.13 |
Aug-2015 | 0.14 |
Sep-2015 | 0.14 |
Oct-2015 | 0.12 |
Nov-2015 | 0.12 |
Dec-2015 | 0.24 |
Jan-2016 | 0.34 |
Feb-2016 | 0.38 |
Mar-2016 | 0.36 |
Apr-2016 | 0.37 |
May-2016 | 0.37 |
Jun-2016 | 0.38 |
Jul-2016 | 0.39 |
Aug-2016 | 0.4 |
Sep-2016 | 0.4 |
Oct-2016 | 0.4 |
Nov-2016 | 0.41 |
Dec-2016 | 0.54 |
Jan-2017 | 0.65 |
Feb-2017 | 0.66 |
Mar-2017 | 0.79 |
Apr-2017 | 0.9 |
May-2017 | 0.91 |
Jun-2017 | 1.04 |
Jul-2017 | 1.15 |
Aug-2017 | 1.16 |
Sep-2017 | 1.15 |
Oct-2017 | 1.15 |
Nov-2017 | 1.16 |
Dec-2017 | 1.3 |
Jan-2018 | 1.41 |
Feb-2018 | 1.42 |
Mar-2018 | 1.51 |
Apr-2018 | 1.69 |
May-2018 | 1.7 |
Jun-2018 | 1.82 |
Jul-2018 | 1.91 |
Aug-2018 | 1.91 |
Sep-2018 | 1.95 |
Oct-2018 | 2.19 |
Nov-2018 | 2.2 |
Dec-2018 | 2.27 |
Jan-2019 | 2.4 |
Feb-2019 | 2.4 |
Mar-2019 | 2.41 |
Apr-2019 | 2.42 |
May-2019 | 2.39 |
Jun-2019 | 2.38 |
Jul-2019 | 2.4 |
Aug-2019 | 2.13 |
Source: “Effective Federal Funds Rate,” retrieved from the Federal Reserve Economic Data (FRED) database maintained by the Federal Reserve Bank of St. Louis, September 12, 2019