Source: Anbil, Sriya  

Source: Carlson, Mark  

Source: Hanes, Christopher  

Source: Wheelock, David C  

Release: Daily Federal Funds Rate  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Daily, 7-Day

Low values of the federal funds rate published in The New York Herald-Tribune as recorded by the authors. For some, but not all periods, the source identifies the observation as a “bid” rate.

For additional details, see Sriya Anbil, Mark Carlson, Christopher Hanes, and David C. Wheelock. “A New Daily Federal Funds Rate Series and History of the Federal Funds Market, 1928-1954.” Federal Reserve Bank of St. Louis Review, First Quarter 2021, 103(1), pp. 45-70.