Current Interest Rates

Primary Credit

5.50%

Secondary Credit

6.00%

Seasonal Credit

5.40%

Fed Funds Target

5.25 - 5.50%

Bank Term Funding Program

5.10%

December 4, 2023

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.

Updated Collateral Margins Tables

September 29, 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

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.

FOMC Statement

September 20, 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

July 26, 2023

The Federal Open Market Committee has increased the target range for the federal funds rate to 5.25 to 5.50 percent.