1 M |
0.25781 |
|
3 M |
0.29281 |
|
6 M |
0.49363 |
|
1 YR |
0.83488 |
DATE |
DISCOUNT RATE |
FEDERAL FUNDS RATE |
|||
CHANGE |
NEW PRIMARY LEVEL |
NEW SECONDARY LEVEL |
CHANGE |
NEW LEVEL
|
|
| 2010 | |||||
| Feb 19 | +.25 |
0.75 |
1.25 |
- |
- |
| 2008 | |||||
| Dec 16 | -.75 |
0.50 |
1.00 |
-1 to -.75 |
0.00 - 0.25 |
| Oct 29 | -.50 |
1.25 |
1.75 |
-.50 |
1.00 |
| Oct 8 | -.50 |
1.75 |
2.25 |
-.50 |
1.50 |
| Apr 30 | -.25 |
2.25 |
2.75 |
-.25 |
2.00 |
| Mar 18 | -.75 |
2.50 |
3.00 |
-.75 |
2.25 |
| Mar 16 | -.25 |
3.25 |
3.75 |
- |
- |
| Jan 30 | -.50 |
3.50 |
4.00 |
-.50 |
3.00 |
| Jan 22 | -.75 |
4.00 |
4.50 |
-.75 |
3.50 |
| 2007 | |||||
| Dec 11 | -.25 |
4.75 |
5.25 |
-.25 |
4.25 |
| Oct 31 | -.25 |
5.00 |
5.50 |
-.25 |
4.50 |
| Sep 18 | -.50 |
5.25 |
5.75 |
-.50 |
4.75 |
| Aug 17 | -.50 |
5.75 |
6.25 |
- |
- |
| 2006 | |||||
| Jun 29 | +.25 |
6.25 |
6.75 |
+.25 |
5.25 |
| May 10 | +.25 |
6.00 |
6.50 |
+.25 |
5.00 |
| Mar 28 | +.25 |
5.75 |
6.25 |
+.25 |
4.75 |
| Jan 31 | +.25 |
5.50 |
6.00 |
+.25 |
4.50 |
| 2005 | |||||
| Dec 13 | +.25 |
5.25 |
5.75 |
+.25 |
4.25 |
| Nov 1 | +.25 |
5.00 |
5.50 |
+.25 |
4.00 |
| Sep 20 | +.25 |
4.75 |
5.25 |
+.25 |
3.75 |
| Aug 9 | +.25 |
4.50 |
5.00 |
+.25 |
3.50 |
| Jun 30 | +.25 |
4.25 |
4.75 |
+.25 |
3.25 |
| May 3 | +.25 |
4.00 |
4.50 |
+.25 |
3.00 |
| Mar 22 | +.25 |
3.75 |
4.25 |
+.25 |
2.75 |
| Feb 2 | +.25 |
3.50 |
4.00 |
+.25 |
2.50 |
| 2004 | |||||
| Dec 14 | +.25 |
3.25 |
3.75 |
+.25 |
2.25 |
| Nov 10 | +.25 |
3.00 |
3.50 |
+.25 |
2.00 |
| Sep 21 | +.25 |
2.75 |
3.25 |
+.25 |
1.75 |
| Aug 10 | +.25 |
2.50 |
3.00 |
+.25 |
1.50 |
| Jun 30 | +.25 |
2.25 |
2.75 |
+.25 |
1.25 |
| 2003 | |||||
| Jun 25 | -.25 |
2.00 |
2.50 |
-.25 |
1.00 |
| Jan 9 | - |
2.25 |
2.75 |
- |
- |
DATE |
DISCOUNT RATE |
FEDERAL FUNDS RATE |
||
CHANGE |
NEW LEVEL |
CHANGE |
NEW LEVEL/RANGE |
|
| 2002 |
||||
| Nov 6 | -1/2 |
3/4 |
-1/2 |
1 1/4 |
| 2001 |
||||
| Dec 11 | -1/4 |
1 1/4 |
-1/4 |
1 3/4 |
| Nov 6 | -1/2 |
1 1/2 |
-1/2 |
2 |
| Oct 2 | -1/2 |
2 |
-1/2 |
2 1/2 |
| Sep 17 | -1/2 |
2 1/2 |
-1/2 |
3 |
| Aug 21 | -1/4 |
3 |
-1/4 |
3 1/2 |
| Jun 27 | -1/4 |
3 1/2 |
-1/4 |
3 3/4 |
| May 15 | -1/2 |
4 |
-1/2 |
4 |
| Apr 18 | -1/2 |
4 1/2 |
-1/2 |
4 1/2 |
| Mar 20 | -1/2 |
5 |
-1/2 |
5 |
| Jan 31 | -1/2 |
5 1/2 |
-1/2 |
5 1/2 |
| Jan 4 | -1/4 |
5 3/4 |
- |
- |
| Jan 3 | -1/4 |
- |
-1/2 |
6 |
| 2000 | ||||
| May 19 | +1/2 |
6 |
- |
- |
| May 16 | - |
- |
+1/2 |
6 1/2 |
| Mar 21 | +1/4 |
5 1/2 |
+1/4 |
6 |
| Feb 2 | +1/4 |
5 1/4 |
+1/4 |
5 3/4 |
| 1999 | ||||
| Nov 16 | +1/4 |
5 |
+1/4 |
5 1/2 |
| Aug 24 | +1/4 |
4 3/4 |
+1/4 |
5 1/4 |
| Jun 30 | - |
- |
+1/4 |
5 |
| 1998 | ||||
| Nov 17 | -1/4 |
4 1/2 |
-1/4 |
4 3/4 |
| Oct 15 | -1/4 |
4 3/4 |
-1/4 |
5 |
| Sep 29 | - |
- |
-1/4 |
5 1/4 |
| 1997 | ||||
| Mar 25 | - |
- |
+1/4 |
5 1/2 |
| 1996 | ||||
| Jan 31 | -1/4 |
5 |
-1/4 |
5 1/4 |
| 1995 | ||||
| Dec 19 | - |
- |
-1/4 |
5 1/2 |
| Jul 6 | - |
- |
-1/4 |
5 3/4 |
| Feb 1 | +1/2 |
5 1/4 |
+1/2 |
6 |
| 1994 | ||||
| Nov 15 | +3/4 |
4 3/4 |
+3/4 |
5 1/2 |
| Aug 16 | +1/2 |
4 |
+1/2 |
4 3/4 |
| May 17 | +1/2 |
3 |
+1/2 |
4 1/4 |
| Apr 18 | - |
- |
+1/4 |
3 3/4 |
| Mar 22 | - |
- |
+1/4 |
3 1/2 |
| Feb 4 | - |
- |
+1/4 |
3 1/4 |
| 1993 | ||||
| No changes |
- |
- |
- |
- |
| 1992 | ||||
| Sep 3 | - |
- |
-1/4 |
3 |
| Jul 2 | -1/2 |
3 |
-1/2 |
3 1/4 |
| Apr 9 | - |
- |
-1/4 |
3 3/4 |
| 1991 | ||||
| Dec 20 | -1 |
3 1/2 |
-1/2 |
4 |
| Dec 6 | -1/2 |
4 |
-1/4 |
4 1/2 |
| Nov 6 | -1/2 |
4 1/2 |
-1/4 |
4 3/4 |
| Oct 31 | - |
- |
-1/4 |
5 |
| Sep 13 | -1/2 |
5 |
-1/4 |
5 1/4 |
| Aug 6 | - |
- |
-1/4 |
5 1/2 |
| Apr 30 | -1/2 |
5 1/2 |
-1/4 |
5 3/4 |
| Mar 8 | - |
- |
-1/4 |
6 |
| Feb 1 | -1/2 |
6 |
-1/2 |
6 1/4 |
| Jan 9 | - |
- |
-1/4 |
6 3/4 |
| 1990 | ||||
| Dec 18 | - |
- |
-1/4 |
7 |
| Dec 18-19 | -1/2 |
6 1/2 |
- |
- |
| Dec 7 | - |
- |
-1/4 |
7 1/4 |
| Nov 13 | - |
- |
-1/4 |
7 1/2 |
| Oct 29 | - |
- |
-1/4 |
7 3/4 |
| Jul 13 | - |
- |
-1/4 |
8 |
| 1989 | ||||
| early Jul - mid Dec | - |
- |
gradual decrease |
8 1/4 |
| early Jun | - |
- |
-1/4 to - 1/8 |
9 1/2 - 9 5/8 |
| Feb 24 | +1/2 |
7 |
+1/4 to +1/8 |
9 3/4 |
| Feb 23 | - |
- |
+1/4 |
9 1/2 to 9 5/8 |
| early Jan - early Feb | - |
- |
gradual increase |
9 1/4 to 9 3/8 |
| 1988 | ||||
| early Dec | - |
- |
+1/4 to + 3/8 |
8 5/8 to 9 3/4 |
| mid Nov | - |
- |
+3/8 to +1/8 |
8 3/8 |
| Aug 9 | + 1/2 |
6 1/2 |
+1/4 to +1/2 |
8 to 8 1/4 |
| Aug 5 | - |
- |
+1/8 to 0 |
7 3/4 |
| mid Jul | - |
- |
+1/8 to +1/4 |
7 5/8 to 7 3/4 |
| late Mar - late Jun | - |
- |
gradual increase |
7 1/2 |
| late Jan - early Feb | - |
- |
gradual decrease |
6 1/2 |
| 1987 | ||||
| in the weeks after Oct 19 | - |
- |
-1/2 to -3/8 |
6 3/4 to 6 7/8 |
| Sep 4 | +1/2 |
6 |
+1/2 to +1/4 |
7 1/4 |
| Sep 3 | - |
- |
+0 to +1/4 |
6 3/4 to 7 |
| late Apr -mid May | - |
- |
gradual increase |
6 3/4 |
| 1986 | ||||
| late Dec | - |
- |
+1/8 |
6 |
| Aug 21 | - |
- |
-3/8 to -1/2 |
5 7/8 |
| Aug 20 -21 | -1/2 |
5 1/2 |
- |
- |
| mid Aug | - |
- |
-1/8 to 0 |
6 7/8 |
| Jul 11 | - |
- |
+0 to +1/8 |
6 3/4 to 6 7/8 |
| July 10 -11 | -1/2 |
6 |
- |
- |
| mid Jun | - |
- |
+1/8 to +0 |
6 7/8 |
| late May | - |
- |
+0 to +1/8 |
6 3/4 to 6 7/8 |
| Apr 18-21 | -1/2 |
6 1/2 |
-1/2 |
6 3/4 |
| Mar 7 | -1/2 |
7 |
-1/2 |
7 1/4 |
| 1985 | ||||
| Dec 18 | - |
- |
-1/4 |
7 3/4 |
| Sep 6 | - |
- |
+1/4 to +0 |
8 |
| late Jul - late Aug | - |
- |
gradual increase |
7 3/4 to 8 |
| mid Jul | - |
- |
-1/8 to -0 |
7 5/8 to 7 3/4 |
| May 20 | - |
- |
-1/2 |
7 3/4 |
| May 17-20 | -1/2 |
7 1/2 |
- |
- |
| mid Apr | - |
- |
-1/4 |
8 1/4 |
| late Mar- early Apr | - |
- |
gradual decrease |
8 1/2 |
| mid Feb-mid Mar | - |
- |
gradual increase |
9 |
| 1984 |
||||
| Dec 21-24 | -1/2 |
8 |
-1/2 |
8 1/4 |
| early Dec | - |
- |
-1/4 |
8 3/4 |
| Nov 22 | - |
- |
-1/2 |
9 |
| Nov 21 | -1/2 |
8 1/2 |
- |
- |
| early Nov | - |
- |
-1/2 |
9 1/2 |
| early Sep to mid Oct | - |
- |
gradual decrease |
10 |
| late Jul to late Aug | - |
- |
gradual increase |
11 1/2 to 11 3/4 |
| late Jun | - |
- |
+1/2 |
11 |
| Apr 6-9 | +1/2 |
9 |
+1/2 to +0 |
10 1/2 |
| Mar 29 | - |
- |
+1/4 to +1/2 |
10 to 10 1/2 |
| early Mar to late Mar | - |
- |
gradual increase |
9 3/4 to 10 |
| 1983 |
||||
| early Aug - early Oct | - |
- |
gradual decrease |
9 1/4 to 9 1/2 |
| late May - mid Aug | - |
- |
gradual increase |
9 1/2 to 9 5/8 |
| 1982 |
||||
| Dec 13-15 | -1/2 |
8 1/2 |
-1/2 |
8 1/2 |
| Nov 22 | - |
- |
-1/2 |
9 |
| Nov 19-22 | - 1/2 |
9 |
- |
- |
| Oct 12 | - |
- |
-1/2 |
9 1/2 |
| Oct 8-12 | -1/2 |
9 1/2 |
- |
- |
| early Sep | - |
- |
+1/2 |
10 |
| Aug 27 | - |
- |
-1/2 to -1 |
91/2 |
| Aug 26-27 | -1/2 |
10 |
- |
- |
| Aug 16 | - |
- |
-1 |
10 to 10 1/2 |
| Aug 13-16 | -1/2 |
10 1/2 |
- |
- |
| Aug 2 | - |
- |
-1/2 |
11 to 11 1/2 |
| Jul 30-Aug 2 | -1/2 |
11 |
- |
- |
| Jul 20 | - |
- |
-1 |
11 1/2 to 12 |
| Jul 19-20 | -1/2 |
11 1/2 |
- |
- |
| mid Apr - mid Jul | - |
- |
gradual decrease |
13 |
| early Jan - mid Apr | - |
- |
gradual increase |
15 |
| 1981 |
||||
| Dec 4 | - |
- |
-1 |
12 |
| Dec 3-4 | -1 |
12 |
- |
- |
| mid Nov - late Nov | - |
- |
gadual decrease |
13 |
| Nov 2 | - |
- |
-1 1/2 |
13 to 14 |
| Oct 30-Nov 2 | -1 |
13 |
- |
- |
| mid Jun - mid Oct | - |
- |
gradual decrease |
18 to 20 |
| late May | - |
- |
gradual increase |
20 |
| May 8 | - |
- |
raised to |
18 to 20 |
| May 4-5 | +1 |
14 |
- |
- |
| late Jan - mid Apr | - |
- |
gradual decrease |
16 |
| early Jan - mid Jan | - |
- |
raised towards |
19 to 20 |
| 1980 | ||||
| Dec 29 | - |
- |
-2 |
17 to 18 |
| Dec | - |
- |
+2 |
19 to 20 |
| Dec 4-5 | +1 |
13 |
||
| Nov 26 | - |
- |
+2 to +3 |
17 to 18 |
| Nov 14-17 | +1 |
12 |
||
| Nov 7 | - |
- |
+1 1/2 to +1 1/4 |
15 |
| mid Oct - ealy Nov | - |
- |
gradual increase |
13 1/2 to 13 3/4 |
| early Oct | - |
- |
+1/4 to +0 |
12 |
| Sep 25-26 | +1 |
11 |
+3/4 to +1 |
11 3/4 to 12 |
| mid Sep | - |
- |
+1 |
11 |
| Aug 7 | - |
- |
+1 1/2 to +1/2 |
10 |
| Jul 25-28 | -1 |
10 |
- |
- |
| Jun 12-13 | -1 |
11 |
- |
- |
| Jun 5 | - |
- |
-1 to -1 1/4 |
8 1/2 to 9 1/2 |
| May 28-30 | -1 |
12 |
- |
- |
| May 22 | - |
- |
-1 to -3/4 |
9 1/2 to 9 3/4 |
| Apr - mid May | - |
- |
gradual decrease |
10 to 10 1/2 to 11 1/2 |
| late Feb - late Mar | - |
- |
gradual decrease |
20 |
| Feb 15 | +1 |
13 |
+1/2 to +1 |
14 1/2 to 15 |
| early Jan - late Jan | - |
- |
gradual increase |
14 |
| 1979 | ||||
| Nov-Dec | - |
- |
gradual decrease |
12 to 14 |
| late Oct | - |
- |
+2 1/2 |
15 1/2 |
| Oct 8 | - |
- |
+1 1/2 |
13 |
| Oct 6-8 | +1 |
12 |
- |
- |
| Sep 19 | - |
- |
+1/8 |
11 1/2 |
| Sep 18-19 | +1/2 |
11 |
- |
- |
| Aug 31 | - |
- |
+1/8 |
11 3/8 |
| late Aug | - |
- |
+1/4 |
11 1/4 |
| Aug 16-17 | +1/2 |
10 1/2 |
- |
- |
| Aug 15 | - |
- |
+3/8 |
11 |
| Jul 27 | - |
- |
+1/8 |
10 5/8 |
| Jul 20 | +1/2 |
10 |
+1/4 |
10 1/2 |
| late Apr | - |
- |
+1/4 |
10 1/4 |
| 1978 | ||||
Dec 20 |
- |
- |
+1/8 |
10 |
mid Nov |
- |
- |
+3/8 to +1/8 |
9 7/8 |
Nov 1 |
+1 |
91/2 |
- |
- |
late Apr |
- |
- |
+1/2 to +3/4 |
9 1/2 to 9 3/4 |
Oct 18 |
- |
- |
+1/4 |
9 |
Oct 13-16 |
+1/2 |
8 1/2 |
- |
- |
Sep 29 |
- |
- |
+1/8 |
8 3/4 |
Sep 22 |
+1/4 |
8 |
+1/8 |
8 5/8 |
Sep 20 |
- |
- |
+1/8 |
8 1/2 |
Sep |
- |
- |
+1/8 |
8 3/8 |
Aug 25 |
- |
- |
+1/4 to + 1/8 |
8 1/4 |
Aug 18-21 |
+1/2 |
7 3/4 |
+0 to +1/8 |
8 to 8 1/8 |
Aug 16 |
- |
- |
+1/8 |
8 |
Jul 19 |
- |
- |
+1/8 |
7 7/8 |
Jun 30 - Jul 3 |
+1/4 |
7 1/4 |
- |
- |
Jun 21 |
- |
- |
+1/4 |
7 3/4 |
May 17 |
- |
- |
+1/4 |
7 1/2 |
May 11 |
+1/2 |
7 |
- |
- |
Apr 27 |
- |
- |
+1/2 |
7 1/4 |
Apr 26 |
- |
- |
+1/8 |
7 1/8 |
Apr 19 |
- |
- |
+1/4 |
7 |
Jan 9 |
- |
- |
+1/4 |
6 3/4 |
Jan 6-9 |
+1/2 |
6 1/2 |
- |
- |
1977 |
||||
Oct 25-26 |
+1/4 |
6 |
- |
- |
mid Oct |
- |
- |
+1/4 |
6 1/2 |
Sep 20 |
- |
- |
+1/8 |
6 1/4 |
mid Sep |
- |
- |
+1/8 |
6 1/8 |
Aug 29-31 |
+1/2 |
5 3/4 |
- |
- |
mid Aug |
- |
- |
+1/8 |
6 |
1976 |
||||
early Dec - early Aug |
- |
- |
gradual increase |
5 7/8 |
Nov 26 |
- |
- |
-1/8 |
4 3/4 |
Nov 19 - 22 |
-1/4 |
5 1/4 |
-1/8 |
4 7/8 |
mid Oct |
- |
- |
-1/8 |
5 |
Jul - early Oct |
- |
- |
gradual decrease |
5 1/8 |
May |
- |
- |
gradual increase |
5 1/2 |
Apr 21 |
- |
- |
+1/8 |
4 7/8 |
Jan 16-19 |
-1/2 |
5 1/2 |
- |
- |
Jan 12 |
- |
- |
-1/8 |
4 3/4 |
| 1975 | ||||
| Oct-Jan (76) | - |
- |
gradual decrease |
4 7/8 |
| Jun-Sep | - |
- |
gradual increase |
6 1/4 to 6 1/2 |
| early Jun | +1/4 to +0 |
5 1/4 |
||
| May 15-16 | -1/4 |
6 |
||
| early May | - |
- |
-1/4 to -0 |
5 to 5 1/4 |
| late Apr | - |
- |
-1/4 |
5 1/4 |
| May 21 | - |
- |
-1/4 |
5 1/2 |
| Mar 7-10 | -1/2 |
6 1/4 |
-1/4 |
5 3/4 |
| late Feb | - |
- |
-1/4 |
6 |
| Feb | - |
- |
-1/4 |
6 1/4 |
| Feb 4-5 | -1/2 |
6 3/4 |
- |
- |
| early Feb | - |
- |
-1/4 to - 1/2 |
6 1/2 |
| mid Jan | - |
- |
gradual decrease |
6 3/4 to 7 |
| Jan 10 | - |
- |
-1/4 |
7 1/4 |
| Jan 3-10 | -1/2 |
7 1/4 |
-1/2 |
7 1/2 |
| 1974 | ||||
| late Dec | - |
- |
-1/4 |
8 |
| mid-late Dec | - |
- |
gradual decrease |
8 1/4 |
| Dec 9 | - |
- |
-1/4 to -0 |
8 3/4 to 9 |
| Dec 6-9 | -1/4 |
7 3/4 |
-0 to -1/4 |
9 |
| late Nov | - |
- |
-1/4 to -0 |
9 to 9 1/4 |
| late Jul - late Nov | - |
- |
gradual decrease |
9 1/4 |
| late May - mid July | - |
- |
gradual increase |
13 |
| Apr 25 | - |
- |
+1/2 to +1/4 |
11 |
| Apr 24-25 | +1/2 |
8 |
- |
- |
| days prior to Apr 24 | - |
- |
+1/2 to +3/4 |
10 1/2 to 10 3/4 |
| Mar to mid Apr | - |
- |
gradual increase |
10 |
| 1973 | ||||
| Sep-Feb '74 | - |
- |
gradual decrease |
9 |
| late Aug | - |
- |
+1/2 |
11 |
| Aug 13-14 | +1/2 |
7 1/2 |
- |
- |
| late Jul | - |
- |
+1/2 to 1/4 |
10 1/2 |
| mid Jul | - |
- |
gradual increase |
10 to 10 1/4 |
| Jul 6 | - |
- |
+1/4 |
9 1/2 |
| Jun 29-Jul 2 | + 1/2 |
7 |
+3/4 |
9 1/4 |
| Jun 8 - Jun 11 | +1/2 |
6 1/2 |
+1/4 |
8 1/2 |
| late May | - |
- |
+3/8 |
8 1/4 |
| May 18 | - |
- |
+3/8 |
7 7/8 |
| May 10 - May 11 | +1/4 |
6 |
+1/4 to +0 |
7 1/2 |
| May 4 | - |
- |
+0 to +1/4 |
7 1/4 to 7 1/2 |
| Apr 20 - May 4 | + 1/4 |
5 3/4 |
+1/4 |
7 1/4 |
| late Mar | - |
- |
+1/4 to +0 |
7 |
| mid Mar | - |
- |
+0 to +1/4 |
6 3/4 to 7 |
| early Mar | - |
- |
+1/8 to +0 |
6 3/4 |
| Feb 22-23 | +1/2 |
5 1/2 |
+1/8 to +1/4 |
6 5/8 to 6 3/4 |
| mid Feb | - |
- |
+1/8 |
6 1/2 |
| late Jan | - |
- |
gradual increase |
6 3/8 |
| Jan 19 | - |
- |
+1/4 to +1/8 |
6 |
| Jan 12-15 | +1/2 |
5 |
+0 to +1/8 |
5 3/4 to 5 7/8 |
| early Jan | - |
- |
+1/4 to +0 |
5 3/4 |
| 1972 | ||||
| Mar - late Dec | - |
- |
gradual increase |
5 1/2 to 5 3/4 |
| 1971 | ||||
| prior to Nov 10 | - |
- |
-0 to -1/8 |
5 |
| Sep - Oct | - |
- |
gradual decrease |
5 to 5 1/8 |
| mid Aug | - |
- |
+1/2 to +1/4 |
5 1/2 to 5 3/4 |
| Jul 15-16 | +1/4 |
5 |
+0 to +1/4 |
5 to 5 1/2 |
| early Jul | - |
- |
-0 to -1/4 |
5 to 5 1/4 |
| Mar to early Jul | - |
- |
gradual increase |
5 to 5 1/2 |
| Feb 19 | - |
- |
-1/4 |
3 1/2 |
| Feb 12-19 | -1/4 |
4 3/4 |
- |
- |
| early Feb | - |
- |
-1/4 |
3 3/4 |
| late Jan | - |
- |
-1/4 |
4 |
| Jan 18-22 | -1/4 |
5 |
- |
- |
| Jan 12 | - |
- |
-1/4 |
4 1/4 |
| Jan 8 | - |
- |
-1/4 |
4 1/2 |
| Jan 7 | -1/4 |
5 1/4 |
- |
- |