4.00%
unchanged vs Nov 12
As of Nov 13, 2026 · Updated each business day · Source: Federal Reserve target range, upper limit, via FRED · Feed checked Nov 14, 2026, 12:25 UTC
Latest decisionTarget range upper bound 4.00% on Oct 28, 2026, per the Federal Reserve statement. The series agrees as of Nov 13, 2026.
Next releaseDec 9, 202614:00 ET· FOMC rate decision + projectionsFull calendar →
Previous
4.00%
Nov 12, 2026
One year ago
4.00%
unchanged since
52-week high
4.00%
Nov 13, 2025
52-week low
3.75%
Dec 11, 2025
| Date | Fed funds (upper bound) | Change |
|---|---|---|
| Nov 13, 2026 | 4.00% | unchanged |
| Nov 10, 2026 | 4.00% | unchanged |
| Nov 6, 2026 | 4.00% | unchanged |
| Nov 3, 2026 | 4.00% | unchanged |
| Oct 30, 2026 | 4.00% | unchanged |
| Oct 26, 2026 | 4.00% | unchanged |
| Oct 23, 2026 | 4.00% | unchanged |
| Oct 19, 2026 | 4.00% | unchanged |
| Oct 15, 2026 | 4.00% | unchanged |
| Oct 12, 2026 | 4.00% | unchanged |
| Oct 8, 2026 | 4.00% | unchanged |
| Oct 4, 2026 | 4.00% | unchanged |
Most recent first; change is versus the prior reading shown. Source: Federal Reserve target range, upper limit, via FRED.
Related series
Federal Reserve target range, upper limit, via FRED; figures as published, read by MarketIntelLabs.
The upper bound of the Federal Reserve's target range for the federal funds rate, the overnight rate banks charge each other. The FOMC sets it at eight scheduled meetings a year; the range is a quarter point wide.
It anchors every short-term rate in the economy: credit cards, auto loans, money-market yields and the interest on Treasury bills. Markets trade the expected path of this rate months ahead, which is why the decision itself rarely moves prices as much as the statement's hints about the next one.
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