Fed Funds Target (Upper)

Upper bound of the FOMC target range for the federal funds rate.

Fed Funds Target (Upper) is part of the Yield Curve & Rates category. Interest rates set the price of money and ripple through every asset class. An inverted yield curve has preceded every U.S. recession since the 1960s, making this the single most-watched corner of fixed income. Monitoring rate differentials, real yields, and forward expectations helps traders anticipate risk-on or risk-off regime shifts.

Fed Funds Target (Upper) is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.

Convex sources Fed Funds Target (Upper) data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.

The Fed Funds Target (Upper) page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.