Open Market Operations Archive

Intended federal funds rate, Change^* and Level

• Current
• 2002 2001 2000 1999 1998 1997 1996 1995 1994 1992 1991 1990

2002
Date	Increase	Decrease	Level (%)
November 6	...	50	1.25

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2001
Date	Increase	Decrease	Level (%)
December 11	...	25	1.75
November 6	...	50	2.00
October 2	...	50	2.50
September 17	...	50	3.00
August 21	...	25	3.50
June 27	...	25	3.75
May 15	...	50	4.00
April 18	...	50	4.50
March 20	...	50	5.00
January 31	...	50	5.50
January 3	...	50	6.00

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2000
Date	Increase	Decrease	Level (%)
May 16	50	...	6.50
March 21	25	...	6.00
February 2	25	...	5.75

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1999
Date	Increase	Decrease	Level (%)
November 16	25	...	5.50
August 24	25	...	5.25
June 30	25	...	5.00

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1998
Date	Increase	Decrease	Level (%)
November 17	...	25	4.75
October 15	...	25	5.00
September 29	...	25	5.25

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1997
Date	Increase	Decrease	Level (%)
March 25	25	...	5.50

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1996
Date	Increase	Decrease	Level (%)
January 31	...	25	5.25

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1995
Date	Increase	Decrease	Level (%)
December 19	...	25	5.50
July 6	...	25	5.75
February 1	50	...	6.00

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1994
Date	Increase	Decrease	Level (%)
November 15	75	...	5.50
August 16	50	...	4.75
May 17	50	...	4.25
April 18	25	...	3.75
March 22	25	...	3.50
February 4	25	...	3.25

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1992
Date	Increase	Decrease	Level (%)
September 4	...	25	3.00
July 2	...	50	3.25
April 9	...	25	3.75

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1991
Date	Increase	Decrease	Level (%)
December 20	...	50	4.00
December 6	...	25	4.50
November 6	...	25	4.75
October 31	...	25	5.00
September 13	...	25	5.25
August 6	...	25	5.50
April 30	...	25	5.75
March 8	...	25	6.00
February 1	...	50	6.25
January 9	...	25	6.75

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1990
Date	Increase	Decrease	Level (%)
December 18	...	25	7.00
December 7	...	25	7.25
November 13	...	25	7.50
October 29	...	25	7.75
July 13	...	25	8.00

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*(Basis points: 1/100 percentage point) Return to text