FOMC Meeting
Next release：2026-10-28 Add to Google Calendar Add to Apple Calendar (.ics)
Latest · Target (upper)
4.00%
Reference period 2026-10
Previous
4.00%
2026-09
vs year ago (pp)
+0.00
vs 2025-10
Trend
Values are as reported by the source; month-over-month and year-over-year changes are computed by us.
Historical data
| Reference period | Fed funds target (upper) | Effective fed funds rate | Fed funds target (lower) |
|---|---|---|---|
| 2026-10 | 4.00% | 3.88% | 3.75% |
| 2026-09 | 4.00% | 3.88% | 3.75% |
| 2026-08 | 3.75% | 3.63% | 3.50% |
| 2026-07 | 3.75% | 3.63% | 3.50% |
| 2026-06 | 3.75% | 3.63% | 3.50% |
| 2026-05 | 3.75% | 3.62% | 3.50% |
| 2026-04 | 3.75% | 3.64% | 3.50% |
| 2026-03 | 3.75% | 3.64% | 3.50% |
| 2026-02 | 3.75% | 3.64% | 3.50% |
| 2026-01 | 3.75% | 3.64% | 3.50% |
| 2025-12 | 3.75% | 3.64% | 3.50% |
| 2025-11 | 4.00% | 3.89% | 3.75% |
| 2025-10 | 4.00% | 3.86% | 3.75% |
| 2025-09 | 4.25% | 4.09% | 4.00% |
| 2025-08 | 4.50% | 4.33% | 4.25% |
| 2025-07 | 4.50% | 4.33% | 4.25% |
| 2025-06 | 4.50% | 4.33% | 4.25% |
| 2025-05 | 4.50% | 4.33% | 4.25% |
| 2025-04 | 4.50% | 4.33% | 4.25% |
| 2025-03 | 4.50% | 4.33% | 4.25% |
| 2025-02 | 4.50% | 4.33% | 4.25% |
| 2025-01 | 4.50% | 4.33% | 4.25% |
| 2024-12 | 4.50% | 4.33% | 4.25% |
| 2024-11 | 4.75% | 4.58% | 4.50% |