| -
Click Here for the Current Fed Funds Target Rate - |
|
| -
Click Here for the Fed Funds Target Rate CHART - |
| Change Date |
Rate (%) |
| January 1, 1990 |
8.25 |
| July 13, 1990 |
8.00 |
| October 29, 1990 |
7.75 |
| November 14, 1990 |
7.50 |
| December 7, 1990 |
7.25 |
| December 19, 1990 |
7.00 |
| January 8, 1991 |
6.75 |
| February 1, 1991 |
6.25 |
| March 8, 1991 |
6.00 |
| April 30, 1991 |
5.75 |
| August 6, 1991 |
5.50 |
| September 13, 1991 |
5.25 |
| October 10, 1991 |
5.00 |
| November 6, 1991 |
4.75 |
| December 11, 1991 |
4.50 |
| December 20, 1991 |
4.00 |
| April 9, 1992 |
3.75 |
| July 2, 1992 |
3.25 |
| September 4, 1992 |
3.00 |
| February 4, 1994 |
3.25 |
| March 22, 1994 |
3.50 |
| April 18, 1994 |
3.75 |
| May 17, 1994 |
4.25 |
| August 16, 1994 |
4.75 |
| November 15, 1994 |
5.50 |
| February 1, 1995 |
6.00 |
| July 6, 1995 |
5.75 |
| December 19, 1995 |
5.50 |
| January 31, 1996 |
5.25 |
| March 25, 1997 |
5.50 |
| September 29, 1998 |
5.25 |
| October 15, 1998 |
5.00 |
| November 17, 1998 |
4.75 |
| June 30, 1999 |
5.00 |
| August 24, 1999 |
5.25 |
| November 16, 1999 |
5.50 |
| February 2, 2000 |
5.75 |
| March 21, 2000 |
6.00 |
| May 16, 2000 |
6.50 |
| January 3, 2001 |
6.00 |
| January 31, 2001 |
5.50 |
| March 20, 2001 |
5.00 |
| April 18, 2001 |
4.50 |
| May 15, 2001 |
4.00 |
| June 27, 2001 |
3.75 |
| August 21, 2001 |
3.50 |
| September 17, 2001 |
3.00 |
| October 2, 2001 |
2.50 |
| November 6, 2001 |
2.00 |
| December 11, 2001 |
1.75 |
| November 6, 2002 |
1.25 |
| June 25, 2003 |
1.00 |
| June 30, 2004 |
1.25 |
| August 10, 2004 |
1.50 |
| September 21, 2004 |
1.75 |
| November 10, 2004 |
2.00 |
| December 14, 2004 |
2.25 |
| February 2, 2005 |
2.50 |
| March 22, 2005 |
2.75 |
| May 3, 2005 |
3.00 |
| June 30, 2005 |
3.25 |
| August 9, 2005 |
3.50 |
| September 20, 2005 |
3.75 |
| November 1, 2005 |
4.00 |
| December 13, 2005 |
4.25 |
| January 31, 2006 |
4.50 |
| March 28, 2006 |
4.75 |
| May 10, 2006 |
5.00 |
| June 29, 2006 |
5.25 |
| September 18, 2007 |
4.75 |
| October 31, 2007 |
4.50 |
| December 11, 2007 |
4.25 |
| January 22, 2008 |
3.50 |
| January 30, 2008 |
3.00 |
| March 18, 2008 |
2.25 |
| April 30, 2008 |
2.00 |
| October 8, 2008 |
1.50 |
| October 29, 2008 |
1.00 |
| December 16, 2008 |
0 - 0.25 |
| December 16, 2015 |
0.25 - 0.5 |
| December 14, 2016 |
0.5 - 0.75 |
| March 15, 2017 |
0.75 - 1.00 |
| June 14, 2017 |
1.00 - 1.25 |
| December 13, 2017 |
1.25 - 1.50 |
| March 21, 2018 |
1.50 - 1.75 |
| June 13, 2018 |
1.75 - 2.00 |
| September 26, 2018 |
2.00 - 2.25 |
| December 19, 2018 |
2.25 - 2.50 |
| July 31, 2019 |
2.00 - 2.25 |
| September 18, 2019 |
1.75 - 2.00 |
| October 30, 2019 |
1.50 - 1.75 |
| March 3, 2020 |
1.00 - 1.25 |
| March 15, 2020 |
0 - 0.25 |
| March 16, 2022 |
0.25 - 0.50 |
| May
4, 2022 |
0.75 - 1.00 |
| June 15, 2022 |
1.50 - 1.75 |
| July
27, 2022 |
2.25 - 2.50 |
| September
21, 2022 |
3.00 - 3.25 |
| November
2, 2022 |
3.75 - 4.00 |
| December
14, 2022 |
4.25 - 4.50 |
| Date
of Rate Change |
Rate (%) |
| February
1, 2023 |
4.50 - 4.75 |
| March
22, 2023 |
4.75 - 5.00 |
| May
3, 2023 |
5.00 - 5.25 |
| July
26, 2023 |
5.25 - 5.50 |
| September
18, 2024 |
4.75 - 5.00 |
| November
7, 2024 |
4.50 - 4.75 |
| December
18, 2024 |
4.25
- 4.50
(The Current Target Range
for the Fed Funds Rate) |
|
|
|
The Current U.S. (Fed) Prime Rate is: 7.50%
December 18, 2024: The FOMC
has voted
to lower the
target
range for the fed funds rate to 4.25%
- 4.50%.
Therefore, the United States Prime
Rate is now 7.50%
The next FOMC meeting and decision on short-term
interest rates will be on January 29, 2025.
|
|
|
Click Here to Jump to The Top of This Document
|
| -
Click Here for the Fed Funds Target Rate CHART - |
Prime Rate |
Current Prime Rate | Prime
Rate History | Prime
Rate Forecast
Mortgage
Refinance | Credit
Cards | Life
Insurance | LIBOR
| SITEMAP
Chart:
Prime Rate vs. Fed Funds Target Rate vs. 1- and 3-Month LIBOR
Certificates
of Deposit | Prepaid
Debit Cards | Mortgages
Rates
CHART:
NASDAQ Composite Index | !
- SCAMS - ! | !
- SCAM - !
CHART:
Dow Jones Industrial Average (DJIA) | Monthly
Prime Rate
- Deceptive Websites - | CHART:
Standard & Poor's 500 Index |
Click Here to Return to the Federal Funds
Rate Homepage
Latest
Norton Antivirus Protection Renewal Scam In My Email Inbox
My
Uncle Got Sucked Into A "Home Depot" Phishing Scam
|
|
|
Click Here to Jump to The Top of This Document
|
|
This website is neither affiliated nor associated with
The United States Federal Reserve in any way.
Information in this website is provided for educational
purposes only. The owners of this website make no warranties
with respect to any and all content contained within this website.
Consult a financial professional before making important decisions
related to any investment or loan product, including, but not
limited to, business loans, personal loans, education
loans,
first or second mortgages, credit cards,
car loans or any type of insurance.
|
 |
copyright © 2025 FedPrimeRate.comSM
|
|
