🔼 5.33% Federal Funds Effective Rate
The federal funds effective rate went up from 5.08% (July 11th, 2023) to 5.33% on July 27th, 2023.
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Federal Funds Effective Rate
The interest rate that commercial banks and depository institutions charge each other for overnight loans. The Federal Open Markets Committee (FOMC) sets the federal funds rate.
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🔼 5.08% Federal Funds Effective Rate
The federal funds effective rate went up from 5.07% (July 10th, 2023) to 5.08% on July 11th, 2023.
Read more🔽 5.07% Federal Funds Effective Rate
The federal funds effective rate went down from 5.08% (July 7th, 2023) to 5.07% on July 10th, 2023.
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FHLM.com shares the most up to date federal interest rates & bank home mortgage interest rates. FHLM stands for Federal Home Loan Mortgages.