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Fed Funds Target Rate Today

ByConvex Research Desk·Edited byBen Bleier·

The Fed Funds Target Rate is currently 3.75%, last updated , up 0.00% from yesterday.

Current
3.75%
1 Day
+0.00%
1 Week
+0.00%
1 Month
+0.00%

Data as of · Source: FRED

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30-Day Chart

Updated 5h ago

Frequently Asked Questions

What is the fed funds target rate today?
The Fed Funds Target Rate is currently 3.75%, last updated May 1, 2026. It is up 0.00% from yesterday.
When was the fed funds target rate last updated?
The Fed Funds Target Rate on this page was last updated May 1, 2026, fetched 5 hours ago. Data refreshes every 10 minutes and is sourced from the Federal Reserve (FRED).
How has the fed funds target rate changed recently?
Over the past 30 days the Fed Funds Target Rate has moved from 3.75% to 3.75%, a gain of 0.00%. Week over week it is up 0.00%.
What does the current fed funds target rate reading mean?
At 3.75% the Fed Funds Target Rate is roughly in line with its level 30 days ago (3.75%). Upper bound of the FOMC target range for the federal funds rate.
Where can I see the full history of the fed funds target rate?
Full history, chart, and forecast for Fed Funds Target Rate are available on the dedicated Fed Funds Target (Upper) page, with data back to the earliest available observation.

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Data sourced from the Federal Reserve (FRED). Updated daily. For informational purposes only, not financial advice.