United States · Cycle layer · Indicator

Fed funds target, upper bound

Fetched 2 Nov 2026, 06:01 UTC
4.00 %
Context
As of 1 Nov 2026
Recession, Dec 2007 to Jun 2009Recession, Feb 2020 to Apr 2020012345201020122014201620182020202220242026
2008 to 2026 · percent. Shaded bands are NBER recessions, peak to trough.
What it is

The upper bound of the Federal Open Market Committee's target range for the federal funds rate. Shown for context; it has no threshold.