Interest rates · DFEDTARU

Fed target rate (upper)

As of Oct 27, 2026, the top of the fed funds target range stood at 4.00%, a change of 0.00 pt from previous reading.

Source: Board of Governors of the Federal Reserve System via FRED®. Daily data, not seasonally adjusted. Latest observation Oct 27, 2026; snapshot taken Oct 27, 2026, 9:44 AM EDT.

Latest (Oct 27, 2026)

4.00%

Change from Oct 26, 2026

0.00 pt

A year earlier

4.25%

12-month change

-5.9%

4.00% Oct 27, 2026 · Percent

0%2%4%6%20222023202420252026

Percent. Data from Dec 16, 2008 to Oct 27, 2026 (6,525 observations); older daily or weekly values are shown as month-end readings in the chart.

What it measures

This is the top of the federal funds target range set by the Federal Open Market Committee (FOMC). It changes only on the days the Fed decides to raise or cut rates, and starts in December 2008, when the Fed began setting a range instead of a single target.

Official title
Federal Funds Target Range - Upper Limit
Units
Percent
Frequency and adjustment
Daily, not seasonally adjusted
Original source
Board of Governors of the Federal Reserve System
Recent values
DateValueChange
Oct 27, 20264.00%0.00 pt
Oct 26, 20264.00%0.00 pt
Oct 25, 20264.00%0.00 pt
Oct 24, 20264.00%0.00 pt
Oct 23, 20264.00%0.00 pt
Oct 22, 20264.00%0.00 pt
Oct 21, 20264.00%0.00 pt
Oct 20, 20264.00%0.00 pt
Oct 19, 20264.00%0.00 pt
Oct 18, 20264.00%0.00 pt
Oct 17, 20264.00%0.00 pt
Oct 16, 20264.00%0.00 pt

Related indicators

Fed funds rate

3.75%

Percent · Sep 2026

Prime rate

7.00%

Percent · Oct 26, 2026

This page shows public economic data for general information. It is not financial advice and does not predict future values.

Sources

FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor Board of Governors of the Federal Reserve System endorses OpenEcon.