Current Interest Rates

Primary Credit

5.50%

Secondary Credit

6.00%

Seasonal Credit

5.40%

Fed Funds Target

5.25 - 5.50%

Press Releases & Announcements

FOMC Statements

FOMC Statement

June 12, 2024

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

FOMC Statement

May 01, 2024

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

FOMC Statement

March 20, 2024

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