United States Fed Funds Rate 1971-2016 | Data | Chart | Calendar
The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the fifth time during its July 2016 meeting. Policymakers said that the labor market strengthened and near-term risks to growth decreased, suggesting a rate hike is still possible this year although dependent on incoming economic data. Interest Rate in the United States averaged 5.86 percent from 1971 until 2016, reaching an all time high of 20 percent in March of 1980 and a record low of 0.25 percent in December of 2008. Interest Rate in the United States is reported by the Federal Reserve.