United States: Federal Funds Rate - Target Rate

Macro

2026-09-17

Description

The Federal Funds Target Rate is set by the Federal Open Market Committee (FOMC) and serves as the target range for the interest rate at which commercial banks lend to each other overnight. The Federal Reserve (Fed) uses this rate to guide the liquidity and borrowing costs in the economy. By influencing the federal funds rate, the Fed aims to achieve its monetary policy objectives, such as controlling inflation and promoting maximum employment.

Published by
Federal Reserve System (Choice)
Frequency
Aperiodically
Next Update
Hashtags
Finance United States

AI Data Insight

In September 2026, the Federal Reserve broke its recent interest rate plateau, raising the federal funds target rate from the previous 3.75% to 4.0%. This marks the first rate hike in three years, primarily driven by geopolitical factors pushing up inflationary pressures, with expectations of further room for tightening before the end of the year.

Dive in →

You May Also Like

AI Data Insight

In September 2026, the Federal Reserve broke its recent interest rate plateau, raising the federal funds target rate from the previous 3.75% to 4.0%. This marks the first rate hike in three years, primarily driven by geopolitical factors pushing up inflationary pressures, with expectations of further room for tightening before the end of the year.

Dive in →

You May Also Like

Other Industry

Semiconductor
Display
LED
Energy
Electronics
Telecom
Emerging Tech
Macro
Description

The Federal Funds Target Rate is set by the Federal Open Market Committee (FOMC) and serves as the target range for the interest rate at which commercial banks lend to each other overnight. The Federal Reserve (Fed) uses this rate to guide the liquidity and borrowing costs in the economy. By influencing the federal funds rate, the Fed aims to achieve its monetary policy objectives, such as controlling inflation and promoting maximum employment.

Published by
Federal Reserve System (Choice)
Frequency
Aperiodically
Next Update
Hashtags
Finance United States