Federal Funds Target Range - Upper Limit
The top of the Federal Open Market Committee's target range for the federal funds rate, the overnight rate banks charge each other.
4.00%2026-10-13
Percent
Why it matters
The anchor for every dollar interest rate. Changes come from FOMC decisions, eight scheduled meetings a year.
Release schedule: Changes with FOMC decisions, statement at 2:00 pm ET (Federal Reserve)
Recent readings
| Period | Value | Change |
|---|---|---|
| 2026-10-13 | 4.00% | +0.00 |
| 2026-10-12 | 4.00% | +0.00 |
| 2026-10-11 | 4.00% | +0.00 |
| 2026-10-10 | 4.00% | +0.00 |
| 2026-10-09 | 4.00% | +0.00 |
| 2026-10-08 | 4.00% | +0.00 |
| 2026-10-07 | 4.00% | +0.00 |
| 2026-10-06 | 4.00% | +0.00 |
| 2026-10-05 | 4.00% | +0.00 |
| 2026-10-04 | 4.00% | +0.00 |
| 2026-10-03 | 4.00% | +0.00 |
| 2026-10-02 | 4.00% | — |
Source: FRED, Federal Reserve Bank of St. Louis; original data from the agency named in the description. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.