Observations

2008-12-15: 1.0000

Updated: May 4, 2015 2:10 PM CDT

Units:

Percent,

Not Seasonally Adjusted

Frequency:

Daily,

7-Day

Notes

Title	Release Dates

Federal Funds Target Rate (DISCONTINUED)	2008-12-15	2008-12-15

Source

Board of Governors of the Federal Reserve System (US)	2008-12-15	2008-12-15

Release

FOMC Press Release	2008-12-15	2008-12-15

Units

Percent	2008-12-15	2008-12-15

Frequency

Daily, 7-Day	2008-12-15	2008-12-15

Seasonal Adjustment

Not Seasonally Adjusted	2008-12-15	2008-12-15

Notes

Data for the period prior to 1994 come from the working paper "A New Federal Funds Rate Target Series: September 27, 1982 - December 31, 1993" (Thornton, Federal Reserve Bank of St. Louis, 2005, http://research.stlouisfed.org/wp/2005/2005-032.pdf). Due to an error in the paper values from April 2, 1986 - April 20, 1986 were adjusted manually to 7.3125%. Data from 1994 to the present are derived from FOMC meeting transcripts and FOMC meeting statements, http://www.federalreserve.gov/fomc/. Effective December 16, 2008, target rate is reported as a range. Current data at https://fred.stlouisfed.org/series/DFEDTARU and https://fred.stlouisfed.org/series/DFEDTARL	2008-12-15	2008-12-15

Federal Funds Target Rate (DISCONTINUED) (DFEDTAR)