Interest rates
Effective Federal Funds Rate
As of Aug 10, 2026, effective federal funds rate stands at 3.63% (Federal Reserve via FRED), steady over the recent window.
What this measures and why it matters
- Effective Federal Funds Rate sets the cost of capital behind every equipment purchase, lease-versus-buy decision, and payback calculation. When it moves, the hurdle rate for automation and capacity projects moves with it, which changes what investments clear and how quickly they pay back.
- The figure comes from Federal Reserve via FRED and is reported in %. MFG Calcs archives every published value, so the chart and table below show the full recorded history rather than a single snapshot, and they extend automatically as new data lands.
Current reading and trend
- Latest reading: 3.63% for Aug 10, 2026.
- Prior period: 3.63% (Aug 9, 2026), a rise of 0.00.
- Across the archived window the high was 3.63% in Jun 18, 2026 and the low was 3.62% in Jul 8, 2026.
- 54 observations have been archived so far, and this page deepens automatically each time Federal Reserve via FRED publishes a new figure.
Recent observations
- Aug 10, 2026: 3.63%
- Aug 9, 2026: 3.63%
- Aug 8, 2026: 3.63%
- Aug 7, 2026: 3.63%
- Aug 6, 2026: 3.63%
- Aug 5, 2026: 3.63%
- Aug 4, 2026: 3.63%
- Aug 3, 2026: 3.63%
- Aug 2, 2026: 3.63%
- Aug 1, 2026: 3.63%
- Jul 31, 2026: 3.63%
- Jul 30, 2026: 3.63%
- Jul 29, 2026: 3.63%
- Jul 28, 2026: 3.63%
- Jul 27, 2026: 3.63%
- Jul 26, 2026: 3.63%
Last reviewed 2026-05-12.