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Board of Governors of the Federal Reserve System
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Federal Reserve Board of Governors

Open Market Operations Archive


Intended federal funds rate, Change* and Level

  • Current

 

 

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

Last update: November 15, 2013