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Board of Governors of the Federal Reserve System

Accessible versions of figures in Part 3

Table data presented with the Monetary Policy Report submitted to the Congress on February 24, 2009, pursuant to section 2B of the Federal Reserve Act

Figure 54. Selected Interest Rates, 2006-09, Target Federal Funds Rate

Percent
Period	Target federal funds rate	Upper target federal funds rate	Lower target federal funds rate
31 January 2006	4.50	4.50	4.50
28 March 2006	4.75	4.75	4.75
10 May 2006	5.00	5.00	5.00
29 June 2006	5.25	5.25	5.25
8 August 2006	5.25	5.25	5.25
20 September 2006	5.25	5.25	5.25
25 October 2006	5.25	5.25	5.25
12 December 2006	5.25	5.25	5.25
31 January 2007	5.25	5.25	5.25
21 March 2007	5.25	5.25	5.25
9 May 2007	5.25	5.25	5.25
28 June 2007	5.25	5.25	5.25
7 August 2007	5.25	5.25	5.25
18 September 2007	4.75	4.75	4.75
31 October 2007	4.50	4.50	4.50
11 December 2007	4.25	4.25	4.25
22 January 2008	3.50	3.50	3.50
30 January 2008	3.00	3.00	3.00
18 March 2008	2.25	2.25	2.25
30 April 2008	2.00	2.00	2.00
25 June 2008	2.00	2.00	2.00
5 August 2008	2.00	2.00	2.00
16 September 2008	2.00	2.00	2.00
8 October 2008	1.50	1.50	1.50
29 October 2008	1.00	1.00	1.00
16 December 2008	ND	0.25	0.00
28 January 2009	ND	0.25	0.00

Note: The dates are those of regularly scheduled Federal Open Market Committee meetings.

Source: Federal Reserve.

ND No data. Return to table

Figure 54. Selected Interest Rates, 2006-09, 10-Year Treasury Rate

Percent
Period	Ten-year Treasury rate
2 January 2006	ND
3 January 2006	4.37
4 January 2006	4.36
5 January 2006	4.36
6 January 2006	4.38
9 January 2006	4.38
10 January 2006	4.43
11 January 2006	4.46
12 January 2006	4.42
13 January 2006	4.36
16 January 2006	ND
17 January 2006	4.34
18 January 2006	4.34
19 January 2006	4.38
20 January 2006	4.37
23 January 2006	4.36
24 January 2006	4.40
25 January 2006	4.49
26 January 2006	4.53
27 January 2006	4.52
30 January 2006	4.54
31 January 2006	4.53
1 February 2006	4.57
2 February 2006	4.57
3 February 2006	4.54
6 February 2006	4.55
7 February 2006	4.57
8 February 2006	4.56
9 February 2006	4.54
10 February 2006	4.59
13 February 2006	4.58
14 February 2006	4.62
15 February 2006	4.61
16 February 2006	4.59
17 February 2006	4.54
20 February 2006	ND
21 February 2006	4.57
22 February 2006	4.53
23 February 2006	4.56
24 February 2006	4.58
27 February 2006	4.59
28 February 2006	4.55
1 March 2006	4.59
2 March 2006	4.64
3 March 2006	4.68
6 March 2006	4.74
7 March 2006	4.74
8 March 2006	4.73
9 March 2006	4.74
10 March 2006	4.76
13 March 2006	4.77
14 March 2006	4.71
15 March 2006	4.73
16 March 2006	4.65
17 March 2006	4.68
20 March 2006	4.66
21 March 2006	4.71
22 March 2006	4.70
23 March 2006	4.73
24 March 2006	4.67
27 March 2006	4.70
28 March 2006	4.79
29 March 2006	4.81
30 March 2006	4.86
31 March 2006	4.86
3 April 2006	4.88
4 April 2006	4.87
5 April 2006	4.84
6 April 2006	4.90
7 April 2006	4.97
10 April 2006	4.97
11 April 2006	4.93
12 April 2006	4.98
13 April 2006	5.05
14 April 2006	ND
17 April 2006	5.01
18 April 2006	4.99
19 April 2006	5.04
20 April 2006	5.04
21 April 2006	5.01
24 April 2006	4.99
25 April 2006	5.07
26 April 2006	5.12
27 April 2006	5.09
28 April 2006	5.07
1 May 2006	5.14
2 May 2006	5.12
3 May 2006	5.15
4 May 2006	5.16
5 May 2006	5.12
8 May 2006	5.12
9 May 2006	5.13
10 May 2006	5.13
11 May 2006	5.14
12 May 2006	5.19
15 May 2006	5.15
16 May 2006	5.10
17 May 2006	5.16
18 May 2006	5.08
19 May 2006	5.05
22 May 2006	5.04
23 May 2006	5.07
24 May 2006	5.03
25 May 2006	5.07
26 May 2006	5.06
29 May 2006	ND
30 May 2006	5.09
31 May 2006	5.12
1 June 2006	5.11
2 June 2006	5.00
5 June 2006	5.02
6 June 2006	5.01
7 June 2006	5.02
8 June 2006	5.00
9 June 2006	4.98
12 June 2006	4.99
13 June 2006	4.97
14 June 2006	5.05
15 June 2006	5.10
16 June 2006	5.13
19 June 2006	5.14
20 June 2006	5.15
21 June 2006	5.16
22 June 2006	5.20
23 June 2006	5.23
26 June 2006	5.25
27 June 2006	5.21
28 June 2006	5.25
29 June 2006	5.22
30 June 2006	5.15
3 July 2006	5.15
4 July 2006	ND
5 July 2006	5.23
6 July 2006	5.19
7 July 2006	5.14
10 July 2006	5.13
11 July 2006	5.10
12 July 2006	5.10
13 July 2006	5.08
14 July 2006	5.07
17 July 2006	5.07
18 July 2006	5.13
19 July 2006	5.06
20 July 2006	5.03
21 July 2006	5.05
24 July 2006	5.05
25 July 2006	5.07
26 July 2006	5.04
27 July 2006	5.07
28 July 2006	5.00
31 July 2006	4.99
1 August 2006	4.99
2 August 2006	4.96
3 August 2006	4.96
4 August 2006	4.91
7 August 2006	4.93
8 August 2006	4.93
9 August 2006	4.92
10 August 2006	4.93
11 August 2006	4.97
14 August 2006	5.00
15 August 2006	4.93
16 August 2006	4.87
17 August 2006	4.87
18 August 2006	4.84
21 August 2006	4.82
22 August 2006	4.82
23 August 2006	4.82
24 August 2006	4.81
25 August 2006	4.79
28 August 2006	4.80
29 August 2006	4.79
30 August 2006	4.76
31 August 2006	4.74
1 September 2006	4.73
4 September 2006	ND
5 September 2006	4.78
6 September 2006	4.80
7 September 2006	4.80
8 September 2006	4.78
11 September 2006	4.80
12 September 2006	4.78
13 September 2006	4.77
14 September 2006	4.79
15 September 2006	4.80
18 September 2006	4.81
19 September 2006	4.74
20 September 2006	4.73
21 September 2006	4.65
22 September 2006	4.60
25 September 2006	4.56
26 September 2006	4.59
27 September 2006	4.60
28 September 2006	4.63
29 September 2006	4.64
2 October 2006	4.62
3 October 2006	4.62
4 October 2006	4.57
5 October 2006	4.61
6 October 2006	4.70
9 October 2006	ND
10 October 2006	4.75
11 October 2006	4.78
12 October 2006	4.79
13 October 2006	4.81
16 October 2006	4.79
17 October 2006	4.78
18 October 2006	4.77
19 October 2006	4.79
20 October 2006	4.79
23 October 2006	4.83
24 October 2006	4.83
25 October 2006	4.78
26 October 2006	4.73
27 October 2006	4.68
30 October 2006	4.68
31 October 2006	4.61
1 November 2006	4.57
2 November 2006	4.60
3 November 2006	4.72
6 November 2006	4.71
7 November 2006	4.66
8 November 2006	4.64
9 November 2006	4.62
10 November 2006	4.59
13 November 2006	4.61
14 November 2006	4.57
15 November 2006	4.61
16 November 2006	4.66
17 November 2006	4.61
20 November 2006	4.60
21 November 2006	4.58
22 November 2006	4.57
23 November 2006	ND
24 November 2006	4.55
27 November 2006	4.54
28 November 2006	4.51
29 November 2006	4.52
30 November 2006	4.46
1 December 2006	4.43
4 December 2006	4.43
5 December 2006	4.45
6 December 2006	4.48
7 December 2006	4.49
8 December 2006	4.56
11 December 2006	4.52
12 December 2006	4.49
13 December 2006	4.58
14 December 2006	4.60
15 December 2006	4.60
18 December 2006	4.60
19 December 2006	4.60
20 December 2006	4.60
21 December 2006	4.55
22 December 2006	4.63
25 December 2006	ND
26 December 2006	4.61
27 December 2006	4.66
28 December 2006	4.70
29 December 2006	4.71
1 January 2007	ND
2 January 2007	4.68
3 January 2007	4.67
4 January 2007	4.62
5 January 2007	4.65
8 January 2007	4.66
9 January 2007	4.66
10 January 2007	4.69
11 January 2007	4.74
12 January 2007	4.77
15 January 2007	ND
16 January 2007	4.75
17 January 2007	4.79
18 January 2007	4.75
19 January 2007	4.78
22 January 2007	4.76
23 January 2007	4.81
24 January 2007	4.81
25 January 2007	4.87
26 January 2007	4.88
29 January 2007	4.90
30 January 2007	4.88
31 January 2007	4.83
1 February 2007	4.84
2 February 2007	4.83
5 February 2007	4.81
6 February 2007	4.77
7 February 2007	4.74
8 February 2007	4.73
9 February 2007	4.79
12 February 2007	4.80
13 February 2007	4.82
14 February 2007	4.74
15 February 2007	4.70
16 February 2007	4.69
19 February 2007	ND
20 February 2007	4.68
21 February 2007	4.69
22 February 2007	4.73
23 February 2007	4.68
26 February 2007	4.63
27 February 2007	4.50
28 February 2007	4.56
1 March 2007	4.56
2 March 2007	4.52
5 March 2007	4.51
6 March 2007	4.53
7 March 2007	4.50
8 March 2007	4.51
9 March 2007	4.59
12 March 2007	4.56
13 March 2007	4.50
14 March 2007	4.53
15 March 2007	4.54
16 March 2007	4.55
19 March 2007	4.58
20 March 2007	4.56
21 March 2007	4.53
22 March 2007	4.60
23 March 2007	4.62
26 March 2007	4.60
27 March 2007	4.62
28 March 2007	4.62
29 March 2007	4.64
30 March 2007	4.65
2 April 2007	4.65
3 April 2007	4.67
4 April 2007	4.66
5 April 2007	4.68
6 April 2007	4.76
9 April 2007	4.75
10 April 2007	4.73
11 April 2007	4.74
12 April 2007	4.74
13 April 2007	4.76
16 April 2007	4.74
17 April 2007	4.69
18 April 2007	4.66
19 April 2007	4.68
20 April 2007	4.68
23 April 2007	4.66
24 April 2007	4.63
25 April 2007	4.66
26 April 2007	4.69
27 April 2007	4.71
30 April 2007	4.63
1 May 2007	4.64
2 May 2007	4.65
3 May 2007	4.68
4 May 2007	4.65
7 May 2007	4.64
8 May 2007	4.63
9 May 2007	4.67
10 May 2007	4.65
11 May 2007	4.67
14 May 2007	4.69
15 May 2007	4.71
16 May 2007	4.71
17 May 2007	4.76
18 May 2007	4.81
21 May 2007	4.79
22 May 2007	4.83
23 May 2007	4.86
24 May 2007	4.86
25 May 2007	4.86
28 May 2007	ND
29 May 2007	4.88
30 May 2007	4.88
31 May 2007	4.90
1 June 2007	4.95
4 June 2007	4.93
5 June 2007	4.98
6 June 2007	4.97
7 June 2007	5.11
8 June 2007	5.12
11 June 2007	5.14
12 June 2007	5.26
13 June 2007	5.20
14 June 2007	5.23
15 June 2007	5.16
18 June 2007	5.15
19 June 2007	5.09
20 June 2007	5.14
21 June 2007	5.16
22 June 2007	5.14
25 June 2007	5.09
26 June 2007	5.10
27 June 2007	5.09
28 June 2007	5.12
29 June 2007	5.03
2 July 2007	5.00
3 July 2007	5.05
4 July 2007	ND
5 July 2007	5.16
6 July 2007	5.19
9 July 2007	5.16
10 July 2007	5.03
11 July 2007	5.09
12 July 2007	5.13
13 July 2007	5.11
16 July 2007	5.05
17 July 2007	5.08
18 July 2007	5.02
19 July 2007	5.04
20 July 2007	4.96
23 July 2007	4.97
24 July 2007	4.94
25 July 2007	4.92
26 July 2007	4.79
27 July 2007	4.80
30 July 2007	4.82
31 July 2007	4.78
1 August 2007	4.76
2 August 2007	4.77
3 August 2007	4.71
6 August 2007	4.72
7 August 2007	4.77
8 August 2007	4.84
9 August 2007	4.79
10 August 2007	4.81
13 August 2007	4.78
14 August 2007	4.73
15 August 2007	4.69
16 August 2007	4.60
17 August 2007	4.68
20 August 2007	4.64
21 August 2007	4.60
22 August 2007	4.63
23 August 2007	4.62
24 August 2007	4.63
27 August 2007	4.60
28 August 2007	4.53
29 August 2007	4.57
30 August 2007	4.51
31 August 2007	4.54
3 September 2007	ND
4 September 2007	4.56
5 September 2007	4.48
6 September 2007	4.51
7 September 2007	4.38
10 September 2007	4.34
11 September 2007	4.37
12 September 2007	4.41
13 September 2007	4.49
14 September 2007	4.47
17 September 2007	4.48
18 September 2007	4.50
19 September 2007	4.53
20 September 2007	4.69
21 September 2007	4.64
24 September 2007	4.63
25 September 2007	4.63
26 September 2007	4.63
27 September 2007	4.58
28 September 2007	4.59
1 October 2007	4.56
2 October 2007	4.54
3 October 2007	4.55
4 October 2007	4.54
5 October 2007	4.65
8 October 2007	ND
9 October 2007	4.67
10 October 2007	4.65
11 October 2007	4.66
12 October 2007	4.70
15 October 2007	4.69
16 October 2007	4.66
17 October 2007	4.57
18 October 2007	4.52
19 October 2007	4.41
22 October 2007	4.42
23 October 2007	4.41
24 October 2007	4.36
25 October 2007	4.37
26 October 2007	4.41
29 October 2007	4.39
30 October 2007	4.40
31 October 2007	4.48
1 November 2007	4.36
2 November 2007	4.31
5 November 2007	4.35
6 November 2007	4.38
7 November 2007	4.34
8 November 2007	4.28
9 November 2007	4.23
12 November 2007	ND
13 November 2007	4.26
14 November 2007	4.28
15 November 2007	4.17
16 November 2007	4.15
19 November 2007	4.07
20 November 2007	4.06
21 November 2007	4.00
22 November 2007	ND
23 November 2007	4.01
26 November 2007	3.83
27 November 2007	3.95
28 November 2007	4.03
29 November 2007	3.94
30 November 2007	3.97
3 December 2007	3.89
4 December 2007	3.89
5 December 2007	3.92
6 December 2007	4.02
7 December 2007	4.12
10 December 2007	4.15
11 December 2007	3.98
12 December 2007	4.05
13 December 2007	4.18
14 December 2007	4.24
17 December 2007	4.20
18 December 2007	4.14
19 December 2007	4.06
20 December 2007	4.04
21 December 2007	4.18
24 December 2007	4.23
25 December 2007	ND
26 December 2007	4.30
27 December 2007	4.21
28 December 2007	4.11
31 December 2007	4.04
1 January 2008	ND
2 January 2008	3.91
3 January 2008	3.91
4 January 2008	3.88
7 January 2008	3.86
8 January 2008	3.86
9 January 2008	3.82
10 January 2008	3.91
11 January 2008	3.82
14 January 2008	3.81
15 January 2008	3.72
16 January 2008	3.74
17 January 2008	3.66
18 January 2008	3.66
21 January 2008	ND
22 January 2008	3.52
23 January 2008	3.51
24 January 2008	3.68
25 January 2008	3.61
28 January 2008	3.61
29 January 2008	3.69
30 January 2008	3.78
31 January 2008	3.67
1 February 2008	3.62
4 February 2008	3.68
5 February 2008	3.61
6 February 2008	3.61
7 February 2008	3.74
8 February 2008	3.64
11 February 2008	3.62
12 February 2008	3.66
13 February 2008	3.70
14 February 2008	3.85
15 February 2008	3.76
18 February 2008	ND
19 February 2008	3.89
20 February 2008	3.93
21 February 2008	3.77
22 February 2008	3.79
25 February 2008	3.91
26 February 2008	3.88
27 February 2008	3.85
28 February 2008	3.71
29 February 2008	3.53
3 March 2008	3.54
4 March 2008	3.63
5 March 2008	3.70
6 March 2008	3.62
7 March 2008	3.56
10 March 2008	3.46
11 March 2008	3.60
12 March 2008	3.49
13 March 2008	3.56
14 March 2008	3.44
17 March 2008	3.34
18 March 2008	3.48
19 March 2008	3.38
20 March 2008	3.34
21 March 2008	ND
24 March 2008	3.56
25 March 2008	3.51
26 March 2008	3.51
27 March 2008	3.56
28 March 2008	3.47
31 March 2008	3.45
1 April 2008	3.57
2 April 2008	3.60
3 April 2008	3.61
4 April 2008	3.50
7 April 2008	3.57
8 April 2008	3.58
9 April 2008	3.49
10 April 2008	3.55
11 April 2008	3.49
14 April 2008	3.53
15 April 2008	3.60
16 April 2008	3.72
17 April 2008	3.75
18 April 2008	3.77
21 April 2008	3.75
22 April 2008	3.74
23 April 2008	3.77
24 April 2008	3.87
25 April 2008	3.91
28 April 2008	3.86
29 April 2008	3.85
30 April 2008	3.77
1 May 2008	3.78
2 May 2008	3.89
5 May 2008	3.88
6 May 2008	3.93
7 May 2008	3.87
8 May 2008	3.79
9 May 2008	3.77
12 May 2008	3.78
13 May 2008	3.90
14 May 2008	3.92
15 May 2008	3.83
16 May 2008	3.85
19 May 2008	3.83
20 May 2008	3.78
21 May 2008	3.81
22 May 2008	3.92
23 May 2008	3.85
26 May 2008	ND
27 May 2008	3.93
28 May 2008	4.03
29 May 2008	4.08
30 May 2008	4.06
2 June 2008	3.98
3 June 2008	3.92
4 June 2008	3.98
5 June 2008	4.06
6 June 2008	3.94
9 June 2008	4.02
10 June 2008	4.11
11 June 2008	4.10
12 June 2008	4.23
13 June 2008	4.27
16 June 2008	4.25
17 June 2008	4.23
18 June 2008	4.16
19 June 2008	4.22
20 June 2008	4.16
23 June 2008	4.19
24 June 2008	4.10
25 June 2008	4.12
26 June 2008	4.07
27 June 2008	3.99
30 June 2008	3.99
1 July 2008	4.01
2 July 2008	3.99
3 July 2008	3.99
4 July 2008	ND
7 July 2008	3.95
8 July 2008	3.91
9 July 2008	3.85
10 July 2008	3.83
11 July 2008	3.96
14 July 2008	3.90
15 July 2008	3.87
16 July 2008	3.97
17 July 2008	4.07
18 July 2008	4.11
21 July 2008	4.09
22 July 2008	4.14
23 July 2008	4.16
24 July 2008	4.03
25 July 2008	4.13
28 July 2008	4.06
29 July 2008	4.09
30 July 2008	4.07
31 July 2008	3.99
01 August 2008	3.97
04 August 2008	3.98
05 August 2008	4.04
06 August 2008	4.06
07 August 2008	3.92
08 August 2008	3.94
11 August 2008	3.99
12 August 2008	3.91
13 August 2008	3.94
14 August 2008	3.89
15 August 2008	3.84
18 August 2008	3.82
19 August 2008	3.83
20 August 2008	3.79
21 August 2008	3.84
22 August 2008	3.87
25 August 2008	3.79
26 August 2008	3.79
27 August 2008	3.77
28 August 2008	3.79
29 August 2008	3.83
01 September 2008	ND
02 September 2008	3.74
03 September 2008	3.71
04 September 2008	3.64
05 September 2008	3.66
08 September 2008	3.66
09 September 2008	3.62
10 September 2008	3.65
11 September 2008	3.64
12 September 2008	3.74
15 September 2008	3.47
16 September 2008	3.48
17 September 2008	3.41
18 September 2008	3.54
19 September 2008	3.78
22 September 2008	3.83
23 September 2008	3.85
24 September 2008	3.80
25 September 2008	3.88
26 September 2008	3.85
29 September 2008	3.61
30 September 2008	3.85
01 October 2008	3.77
02 October 2008	3.66
03 October 2008	3.63
06 October 2008	3.48
07 October 2008	3.50
08 October 2008	3.72
09 October 2008	3.84
10 October 2008	3.89
13 October 2008	ND
14 October 2008	4.08
15 October 2008	4.04
16 October 2008	3.99
17 October 2008	3.98
20 October 2008	3.91
21 October 2008	3.76
22 October 2008	3.65
23 October 2008	3.63
24 October 2008	3.76
27 October 2008	3.79
28 October 2008	3.89
29 October 2008	3.93
30 October 2008	4.00
31 October 2008	4.01
03 November 2008	3.96
04 November 2008	3.81
05 November 2008	3.73
06 November 2008	3.75
07 November 2008	3.83
10 November 2008	3.82
11 November 2008	ND
12 November 2008	3.75
13 November 2008	3.84
14 November 2008	3.72
17 November 2008	3.68
18 November 2008	3.53
19 November 2008	3.38
20 November 2008	3.10
21 November 2008	3.20
24 November 2008	3.35
25 November 2008	3.11
26 November 2008	2.99
27 November 2008	ND
28 November 2008	2.93
01 December 2008	2.72
02 December 2008	2.68
03 December 2008	2.67
04 December 2008	2.55
05 December 2008	2.67
08 December 2008	2.77
09 December 2008	2.67
10 December 2008	2.69
11 December 2008	2.64
12 December 2008	2.60
15 December 2008	2.53
16 December 2008	2.37
17 December 2008	2.20
18 December 2008	2.08
19 December 2008	2.13
22 December 2008	2.16
23 December 2008	2.18
24 December 2008	2.20
25 December 2008	ND
26 December 2008	2.16
29 December 2008	2.13
30 December 2008	2.11
31 December 2008	2.25
01 January 2009	ND
02 January 2009	2.46
05 January 2009	2.49
06 January 2009	2.51
07 January 2009	2.52
08 January 2009	2.47
09 January 2009	2.43
12 January 2009	2.34
13 January 2009	2.33
14 January 2009	2.24
15 January 2009	2.23
16 January 2009	2.36
19 January 2009	ND
20 January 2009	2.40
21 January 2009	2.56
22 January 2009	2.62
23 January 2009	2.65
26 January 2009	2.70
27 January 2009	2.59
28 January 2009	2.71
29 January 2009	2.87
30 January 2009	2.87
02 February 2009	2.76
03 February 2009	2.89
04 February 2009	2.95
05 February 2009	2.95
06 February 2009	3.05
09 February 2009	3.07
10 February 2009	2.90
11 February 2009	2.78
12 February 2009	2.75
13 February 2009	2.89
16 February 2009	ND
17 February 2009	2.64
18 February 2009	2.74

Note: The data are daily and extend through February 18, 2009. The 10-year Treasury rate is the constant-maturity yield based on the most actively traded securities.

Source: Department of the Treasury.

ND No data. Return to table

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Last update: February 24, 2009

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