Observations

2026-05-07: 119

Updated: May 8, 2026 8:02 AM CDT

Units:

Billions of U.S. Dollars,

Not Seasonally Adjusted

Frequency:

Daily

Notes

Title	Release Dates

Effective Federal Funds Volume	2016-03-02	2026-05-08

Source

Federal Reserve Bank of New York	2016-03-02	2026-05-08

Release

Federal Funds Data	2016-03-02	2026-05-08

Units

Billions of U.S. Dollars	2016-03-02	2026-05-08

Frequency

Daily	2016-03-02	2026-05-08

Seasonal Adjustment

Not Seasonally Adjusted	2016-03-02	2026-05-08

Notes

The federal funds market consists of domestic unsecured borrowings in U.S. dollars by depository institutions from other depository institutions and certain other entities, primarily government-sponsored enterprises. The effective federal funds rate (EFFR) is calculated as a volume-weighted median of overnight federal funds transactions reported in the FR 2420 Report of Selected Money Market Rates. For more information, see https://www.newyorkfed.org/markets/obfrinfo	2016-03-02	2026-05-08

Effective Federal Funds Volume (EFFRVOL)