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Concept Version 5
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Setting and Achieving the Interest Rate Target

Historical effective federal funds target rate

Historical effective federal funds target rate

The graphic depicts the movement in the effective federal funds target rate. The target rate has historically been set in terms of a range; the current range as depicted in the graph is 0.00 to 0.25 percent.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    Wikimedia.
    http://upload.wikimedia.org/wikipedia/commons/thumb/3/31/Federal_Funds_Rate_1954_thru_2009_effective.svg/640px-Federal_Funds_Rate_1954_thru_2009_effective.svg.png CC BY.

Related Terms

  • reserve ratio
  • open market operations
  • fed funds rate
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