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Rates & economy

Fed funds rate

The Federal Reserve's policy rate: the price of overnight money.

PreviousUS 10-year yield NextUS inflation

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Shaded bands: the usual middle 40% of readings, and the top and bottom 10%.

3.88%

Normal

26 Oct 2026

What it means now

Close to its usual level: nothing unusual right now.

12-month change-0.23 pp

SourceFRED: DFF

Highest: 22.36%; 22 Jul 1981
Lowest: 0.04%; 30 Dec 2011
Median: 4.25%; vs. history since 1954
Position in history: 45%; Higher than 45% of readings since 1954