FINANCEVELIX / Market research
Fed interest rate: federal funds rate and FOMC decisions
The Federal Open Market Committee (FOMC) of the US Federal Reserve sets a target range for the federal funds rate at its scheduled meetings, eight a year.
Figures come from the central bank's own official pages; the date of the last check is shown under Source.
Current rate
Federal funds rate target range
3.75% – 4.00%
In effect since Sep 17, 2026
Latest decision: Oct 28, 2026 · Left unchanged
Next scheduled meeting
Dec 8 – 9, 2026
Scheduled meetings
- Dec 8 – 9, 2026
- Jan 26 – 27, 2027
- Mar 16 – 17, 2027
- Apr 27 – 28, 2027
- Jun 8 – 9, 2027
- Jul 27 – 28, 2027
- Sep 14 – 15, 2027
- Oct 26 – 27, 2027
- Dec 7 – 8, 2027
- Jan 25 – 26, 2028
Rate history
| Date | Rate | Change (percentage points) |
|---|---|---|
| Sep 17, 2026 | 3.75% – 4.00% | +0.25 |
| Dec 11, 2025 | 3.50% – 3.75% | -0.25 |
| Oct 30, 2025 | 3.75% – 4.00% | -0.25 |
| Sep 18, 2025 | 4.00% – 4.25% | -0.25 |
| Dec 19, 2024 | 4.25% – 4.50% | -0.25 |
| Nov 8, 2024 | 4.50% – 4.75% | -0.25 |
| Sep 19, 2024 | 4.75% – 5.00% | -0.50 |
Dates show when each change took effect.
Source
- federalreserve.gov/newsevents/pressreleases/monetary20261028a.htm · Last checked: Nov 7, 2026
- federalreserve.gov/monetarypolicy/openmarket.htm · Last checked: Nov 7, 2026 · Source page updated: Sep 16, 2026
- federalreserve.gov/monetarypolicy/fomccalendars.htm · Last checked: Nov 7, 2026 · Source page updated: Oct 28, 2026
Rates and dates come from each central bank's official pages and can change. For information only; not investment advice.
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