---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/268451576.md"
description: "According to data from the Federal Reserve Bank of New York, the secured overnight financing rate (SOFR) on December 2 was 4.01%, down from 4.12% the previous day. The effective federal funds rate reported 3.89% for two consecutive days"
datetime: "2025-12-03T14:01:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/268451576.md)
  - [en](https://longbridge.com/en/news/268451576.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/268451576.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/268451576.md) | [繁體中文](https://longbridge.com/zh-HK/news/268451576.md)


# 

According to data from the Federal Reserve Bank of New York, on the last trading day (December 2nd, the day Trump introduced Hassett as a "potential Federal Reserve Chairman"), the secured overnight financing rate (SOFR) was reported at 4.01%, down from 4.12% the previous day. The effective federal funds rate on the last trading day was reported at 3.89%, unchanged from the previous day

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