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Live indicator Updated: 6 Jul 2026, 11:04 CET

Fed Funds Rate Today

The current Federal Reserve target rate (upper bound), live from FRED.

3.75%
Target upper bound

This is the upper bound of the Federal Funds target range set by the FOMC — the policy rate that anchors short-term US interest rates.

It drives borrowing costs across the economy and is the single most-watched number for risk assets, the dollar and the yield curve. Source: FRED (DFEDTARU).

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