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Recent Changes in the Federal Funds Rate
   Associated Press
Changes in the Federal Reserve's target for the federal funds rate beginning in July 1990, the month the last recession began.

July 13, 1990 : 8 percent, from 8.25 percent.
Oct. 29, 1990 : 7.75 percent
Nov. 14, 1990 : 7.50 percent
Dec. 7, 1990 : 7.25 percent
Dec. 18, 1990 : 7.00 percent
Jan. 4, 1991 : 6.75 percent
Feb. 1, 1991 : 6.25 percent
March 8, 1991 : 6.0 percent
April 30, 1991 : 5.75 percent
Aug. 6, 1991 : 5.5 percent
Sept. 13, 1991 : 5.25 percent
Oct. 30, 1991 : 5 percent
Nov. 6, 1991 : 4.75 percent
Dec. 20, 1991 : 4 percent
April 9, 1992 : 3.75 percent
July 2, 1992 : 3.25 percent
Sept. 4, 1992 : 3 percent
Feb. 4, 1994 : 3.25 percent
March 22, 1994 : 3.5 percent
April 18, 1994 : 3.75 percent
May 17, 1994 : 4.25 percent
Aug. 16, 1994 : 4.75 percent
Nov. 15, 1994 : 5.50 percent
Feb. 1, 1995 : 6 percent
July 6, 1995 : 5.75 percent
Dec. 19, 1995 : 5.50 percent
Jan. 31, 1996 : 5.25 percent
March 25, 1997 : 5.50 percent
Sept. 29, 1998 : 5.25 percent
Oct. 15, 1998 : 5 percent
Nov. 17, 1998 : 4.75 percent
June 30, 1999 : 5 percent
Aug. 24, 1999 : 5.25 percent
Nov. 16, 1999 : 5.50 percent
Feb. 2, 2000 : 5.75 percent
March 21, 2000 : 6 percent
May 16, 2000 : 6.50 percent
Jan. 3, 2001 : 6 percent
Jan. 31, 2001 : 5.50 percent

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