Monetary Policy

Federal Funds Rate

Source: Federal Reserve Bank of St. Louis (FRED) · https://fred.stlouisfed.org/series/FEDFUNDS

UnmeasuredUnmeasured

Why this matters

The benchmark short-term interest rate set by the Federal Reserve. Drives borrowing costs across the economy — mortgages, business loans, savings yields, and Treasury rates all move with it.

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Federal Funds Rate trend

indicator

Federal Funds Rate

5.25%Sep '26-0.06%

Release cadence

Next milestone
Next monthly Federal Funds Rate release
in 4 weeks
  1. ✓
    Prior release
  2. 2
    Latest value
  3. 3
    Next release

What happened recently

Federal Funds Rate placeholder release — live data pending FRED ingest

9/7/2026, 7:01:39 PM

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