Fed funds rate (upper)
Oct 26, 2026
4.00%
- Previous (Sep 30, 2026)
- 4.00%
- A year ago
- 4.00%
Next release Wed, Oct 28, 2:00 PM ET
Last 5 years0.25% ~ 5.50%
Oct 31, 2021Oct 26, 2026
What it is
The top of the Federal Reserve's target range for the federal funds rate.Why it matters
It anchors borrowing costs across the economy — from credit cards to mortgages — and the dollar.Recent readings
- Oct 26, 20264.00%
- Sep 30, 20264.00%
- Aug 31, 20263.75%
- Jul 31, 20263.75%
- Jun 30, 20263.75%
- May 31, 20263.75%
- Apr 30, 20263.75%
- Mar 31, 20263.75%
- Feb 28, 20263.75%
- Jan 31, 20263.75%
- Dec 31, 20253.75%
- Nov 30, 20254.00%
Source: Federal Reserve · Figures are official statistics as published on FRED (St. Louis Fed) and the Bank of Korea's ECOS; year-over-year and month-over-month changes are calculated from them. Data can be revised.