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Financial Data
FEDERAL FUNDS INTEREST RATE
MONTHLY , NOT SEASONALLY ADJUSTED , PERCENT
Year Month Value Annual Average Year-to-Year Change December-to-December Change
1969 1 6.30 . . .
1969 2 6.61 . . .
1969 3 6.79 . . .
1969 4 7.41 . . .
1969 5 8.67 . . .
1969 6 8.90 . . .
1969 7 8.61 . . .
1969 8 9.19 . . .
1969 9 9.15 . . .
1969 10 9.00 . . .
1969 11 8.85 . . .
1969 12 8.97 8.20 . .
1970 1 8.98 . . .
1970 2 8.98 . . .
1970 3 7.76 . . .
1970 4 8.10 . . .
1970 5 7.94 . . .
1970 6 7.60 . . .
1970 7 7.21 . . .
1970 8 6.61 . . .
1970 9 6.29 . . .
1970 10 6.20 . . .
1970 11 5.60 . . .
1970 12 4.90 7.18 -1.02 -4.07
1971 1 4.14 . . .
1971 2 3.72 . . .
1971 3 3.71 . . .
1971 4 4.15 . . .
1971 5 4.63 . . .
1971 6 4.91 . . .
1971 7 5.31 . . .
1971 8 5.56 . . .
1971 9 5.55 . . .
1971 10 5.20 . . .
1971 11 4.91 . . .
1971 12 4.14 4.66 -2.52 -0.76
1972 1 3.50 . . .
1972 2 3.29 . . .
1972 3 3.83 . . .
1972 4 4.17 . . .
1972 5 4.27 . . .
1972 6 4.46 . . .
1972 7 4.55 . . .
1972 8 4.80 . . .
1972 9 4.87 . . .
1972 10 5.04 . . .
1972 11 5.06 . . .
1972 12 5.33 4.43 -0.23 1.19
1973 1 5.94 . . .
1973 2 6.58 . . .
1973 3 7.09 . . .
1973 4 7.12 . . .
1973 5 7.84 . . .
1973 6 8.49 . . .
1973 7 10.40 . . .
1973 8 10.50 . . .
1973 9 10.78 . . .
1973 10 10.01 . . .
1973 11 10.03 . . .
1973 12 9.95 8.73 4.30 4.62
1974 1 9.65 . . .
1974 2 8.97 . . .
1974 3 9.35 . . .
1974 4 10.51 . . .
1974 5 11.31 . . .
1974 6 11.93 . . .
1974 7 12.92 . . .
1974 8 12.01 . . .
1974 9 11.34 . . .
1974 10 10.06 . . .
1974 11 9.45 . . .
1974 12 8.53 10.50 1.78 -1.42
1975 1 7.13 . . .
1975 2 6.24 . . .
1975 3 5.54 . . .
1975 4 5.49 . . .
1975 5 5.22 . . .
1975 6 5.55 . . .
1975 7 6.10 . . .
1975 8 6.14 . . .
1975 9 6.24 . . .
1975 10 5.82 . . .
1975 11 5.22 . . .
1975 12 5.20 5.82 -4.68 -3.33
1976 1 4.87 . . .
1976 2 4.77 . . .
1976 3 4.84 . . .
1976 4 4.82 . . .
1976 5 5.29 . . .
1976 6 5.48 . . .
1976 7 5.31 . . .
1976 8 5.29 . . .
1976 9 5.25 . . .
1976 10 5.02 . . .
1976 11 4.95 . . .
1976 12 4.65 5.05 -0.78 -0.55
1977 1 4.61 . . .
1977 2 4.68 . . .
1977 3 4.69 . . .
1977 4 4.73 . . .
1977 5 5.35 . . .
1977 6 5.39 . . .
1977 7 5.42 . . .
1977 8 5.90 . . .
1977 9 6.14 . . .
1977 10 6.47 . . .
1977 11 6.51 . . .
1977 12 6.56 5.54 0.49 1.91
1978 1 6.70 . . .
1978 2 6.78 . . .
1978 3 6.79 . . .
1978 4 6.89 . . .
1978 5 7.36 . . .
1978 6 7.60 . . .
1978 7 7.81 . . .
1978 8 8.04 . . .
1978 9 8.45 . . .
1978 10 8.96 . . .
1978 11 9.76 . . .
1978 12 10.03 7.93 2.39 3.47
1979 1 10.07 . . .
1979 2 10.06 . . .
1979 3 10.09 . . .
1979 4 10.01 . . .
1979 5 10.24 . . .
1979 6 10.29 . . .
1979 7 10.47 . . .
1979 8 10.94 . . .
1979 9 11.43 . . .
1979 10 13.77 . . .
1979 11 13.18 . . .
1979 12 13.78 11.19 3.26 3.75
1980 1 13.82 . . .
1980 2 14.13 . . .
1980 3 17.19 . . .
1980 4 17.61 . . .
1980 5 10.98 . . .
1980 6 9.47 . . .
1980 7 9.03 . . .
1980 8 9.61 . . .
1980 9 10.87 . . .
1980 10 12.81 . . .
1980 11 15.85 . . .
1980 12 18.90 13.36 2.16 5.12
1981 1 19.08 . . .
1981 2 15.93 . . .
1981 3 14.70 . . .
1981 4 15.72 . . .
1981 5 18.52 . . .
1981 6 19.10 . . .
1981 7 19.04 . . .
1981 8 17.82 . . .
1981 9 15.87 . . .
1981 10 15.08 . . .
1981 11 13.31 . . .
1981 12 12.37 16.38 3.02 -6.53
1982 1 13.22 . . .
1982 2 14.78 . . .
1982 3 14.68 . . .
1982 4 14.94 . . .
1982 5 14.45 . . .
1982 6 14.15 . . .
1982 7 12.59 . . .
1982 8 10.12 . . .
1982 9 10.31 . . .
1982 10 9.71 . . .
1982 11 9.20 . . .
1982 12 8.95 12.26 -4.12 -3.42
1983 1 8.68 . . .
1983 2 8.51 . . .
1983 3 8.77 . . .
1983 4 8.80 . . .
1983 5 8.63 . . .
1983 6 8.98 . . .
1983 7 9.37 . . .
1983 8 9.56 . . .
1983 9 9.45 . . .
1983 10 9.48 . . .
1983 11 9.34 . . .
1983 12 9.47 9.09 -3.17 0.52
1984 1 9.56 . . .
1984 2 9.59 . . .
1984 3 9.91 . . .
1984 4 10.29 . . .
1984 5 10.32 . . .
1984 6 11.06 . . .
1984 7 11.23 . . .
1984 8 11.64 . . .
1984 9 11.30 . . .
1984 10 9.99 . . .
1984 11 9.43 . . .
1984 12 8.38 10.23 1.14 -1.09
1985 1 8.35 . . .
1985 2 8.50 . . .
1985 3 8.58 . . .
1985 4 8.27 . . .
1985 5 7.97 . . .
1985 6 7.53 . . .
1985 7 7.88 . . .
1985 8 7.90 . . .
1985 9 7.92 . . .
1985 10 7.99 . . .
1985 11 8.05 . . .
1985 12 8.27 8.10 -2.12 -0.11
1986 1 8.14 . . .
1986 2 7.86 . . .
1986 3 7.48 . . .
1986 4 6.99 . . .
1986 5 6.85 . . .
1986 6 6.92 . . .
1986 7 6.56 . . .
1986 8 6.17 . . .
1986 9 5.89 . . .
1986 10 5.85 . . .
1986 11 6.04 . . .
1986 12 6.91 6.81 -1.30 -1.36
1987 1 6.43 . . .
1987 2 6.10 . . .
1987 3 6.13 . . .
1987 4 6.37 . . .
1987 5 6.85 . . .
1987 6 6.73 . . .
1987 7 6.58 . . .
1987 8 6.73 . . .
1987 9 7.22 . . .
1987 10 7.29 . . .
1987 11 6.69 . . .
1987 12 6.77 6.66 -0.15 -0.14
1988 1 6.83 . . .
1988 2 6.58 . . .
1988 3 6.58 . . .
1988 4 6.87 . . .
1988 5 7.09 . . .
1988 6 7.51 . . .
1988 7 7.75 . . .
1988 8 8.01 . . .
1988 9 8.19 . . .
1988 10 8.30 . . .
1988 11 8.35 . . .
1988 12 8.76 7.57 0.91 1.99
1989 1 9.12 . . .
1989 2 9.36 . . .
1989 3 9.85 . . .
1989 4 9.84 . . .
1989 5 9.81 . . .
1989 6 9.53 . . .
1989 7 9.24 . . .
1989 8 8.99 . . .
1989 9 9.02 . . .
1989 10 8.84 . . .
1989 11 8.55 . . .
1989 12 8.45 9.22 1.65 -0.31
1990 1 8.23 . . .
1990 2 8.24 . . .
1990 3 8.28 . . .
1990 4 8.26 . . .
1990 5 8.18 . . .
1990 6 8.29 . . .
1990 7 8.15 . . .
1990 8 8.13 . . .
1990 9 8.20 . . .
1990 10 8.11 . . .
1990 11 7.81 . . .
1990 12 7.31 8.10 -1.12 -1.14
1991 1 6.91 . . .
1991 2 6.25 . . .
1991 3 6.12 . . .
1991 4 5.91 . . .
1991 5 5.78 . . .
1991 6 5.90 . . .
1991 7 5.82 . . .
1991 8 5.66 . . .
1991 9 5.45 . . .
1991 10 5.21 . . .
1991 11 4.81 . . .
1991 12 4.43 5.69 -2.41 -2.88
1992 1 4.03 . . .
1992 2 4.06 . . .
1992 3 3.98 . . .
1992 4 3.73 . . .
1992 5 3.82 . . .
1992 6 3.76 . . .
1992 7 3.25 . . .
1992 8 3.30 . . .
1992 9 3.22 . . .
1992 10 3.10 . . .
1992 11 3.09 . . .
1992 12 2.92 3.52 -2.17 -1.51
1993 1 3.02 . . .
1993 2 3.03 . . .
1993 3 3.07 . . .
1993 4 2.96 . . .
1993 5 3.00 . . .
1993 6 3.04 . . .
1993 7 3.06 . . .
1993 8 3.03 . . .
1993 9 3.09 . . .
1993 10 2.99 . . .
1993 11 3.02 . . .
1993 12 2.96 3.02 -0.50 0.04
1994 1 3.05 . . .
1994 2 3.25 . . .
1994 3 3.34 . . .
1994 4 3.56 . . .
1994 5 4.01 . . .
1994 6 4.25 . . .
1994 7 4.26 . . .
1994 8 4.47 . . .
1994 9 4.73 . . .
1994 10 4.76 . . .
1994 11 5.29 . . .
1994 12 5.45 4.20 1.18 2.49
1995 1 5.53 . . .
1995 2 5.92 . . .
1995 3 5.98 . . .
1995 4 6.05 . . .
1995 5 6.01 . . .
1995 6 6.00 . . .
1995 7 5.85 . . .
1995 8 5.74 . . .
1995 9 5.80 . . .
1995 10 5.76 . . .
1995 11 5.80 . . .
1995 12 5.60 5.84 1.63 0.15
1996 1 5.56 . . .
1996 2 5.22 . . .
1996 3 5.31 . . .
1996 4 5.22 . . .
1996 5 5.24 . . .
1996 6 5.27 . . .
1996 7 5.40 . . .
1996 8 5.22 . . .
1996 9 5.30 . . .
1996 10 5.24 . . .
1996 11 5.31 . . .
1996 12 5.29 5.30 -0.54 -0.31
1997 1 5.25 . . .
1997 2 5.19 . . .
1997 3 5.39 . . .
1997 4 5.51 . . .
1997 5 5.50 . . .
1997 6 5.56 . . .
1997 7 5.52 . . .
1997 8 5.54 . . .
1997 9 5.54 . . .
1997 10 5.50 . . .
1997 11 5.52 . . .
1997 12 5.50 5.46 0.16 0.21
1998 1 5.56 . . .
1998 2 5.51 . . .
1998 3 5.49 . . .
1998 4 5.45 . . .
1998 5 5.49 . . .
1998 6 5.56 . . .
1998 7 5.54 . . .
1998 8 5.55 . . .
1998 9 5.51 . . .
1998 10 5.07 . . .
1998 11 4.83 . . .
1998 12 4.68 5.35 -0.11 -0.82
1999 1 4.63 . . .
1999 2 4.76 . . .
1999 3 4.81 . . .
1999 4 4.74 . . .
1999 5 4.74 . . .
1999 6 4.76 . . .
1999 7 4.99 . . .
1999 8 5.07 . . .
1999 9 5.22 . . .
1999 10 5.20 . . .
1999 11 5.42 . . .
1999 12 5.30 4.97 -0.38 0.62
2000 1 5.45 . . .
2000 2 5.73 . . .
2000 3 5.85 . . .
2000 4 6.02 . . .
2000 5 6.27 . . .
2000 6 6.53 . . .
2000 7 6.54 . . .
2000 8 6.50 . . .
2000 9 6.52 . . .
2000 10 6.51 . . .
2000 11 6.51 . . .
2000 12 6.40 6.24 1.27 1.10
2001 1 5.98 . . .