Immediate Rates: Less than 24 Hours: Federal Funds Rate for the United States was 5.33% in December of 2023, according to the United States Federal Reserve. Historically, Immediate Rates: Less than 24 Hours: Federal Funds Rate for the United States reached a record high of 19.10 in June of 1981 and a record low of 0.05 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Immediate Rates: Less than 24 Hours: Federal Funds Rate for the United States - last updated from the United States Federal Reserve on May of 2024.