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Morning EditionFriday, October 23, 2026Barcelona
Live indicator Updated: 23 Oct 2026, 11:51 CET

Fed Funds Rate Today

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

4.00%
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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