Current Interest Rates

Primary Credit

5.50%

Secondary Credit

6.00%

Seasonal Credit

5.35%

Fed Funds Target

5.25 - 5.50%

Press Releases & Announcements

Updated Collateral Margins Tables

November 01, 2023

The Federal Reserve is implementing updated collateral margins tables for discount window lending and payment system risk purposes, effective November 1, 2023.

FOMC Statements

FOMC Statement

January 31, 2024

The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent.

FOMC Statement

December 13, 2023

The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent.

FOMC Statement

November 01, 2023

The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent.