US Interest Rate
The Federal Reserve's key interest rate, the anchor for most US mortgage, loan, and savings rates.
3.88%
Matches the latest releaseNot refreshed recently, awaiting the next release
Explore the full US economy26 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.Interest Rate
Jan 1970 to Oct 2026
Source: FRED series FEDFUNDS · effective rate, monthly average.
US Interest Rate in context
Worked out from the published series shown above.
In the US, the interest rate fell by 0.21pp over the year to Oct 2026, from 4.09% in Oct 2025.
Over the past five years it has ranged from 0.08% in Oct 2021 to 5.33% in Aug 2023.
Its average since Jan 1970 is 4.88%, and the latest reading is below that.
The US is 10th of 40 countries in our Interest Rate by Country ranking.
How this series is defined
Everything you need to check the figure against the source.
- Source
- FRED
- Series
- FEDFUNDS
- Frequency
- Monthly
- Unit
- %
- Seasonal adjustment
- Not applicable, interest rates are not seasonally adjusted
- Latest observation
- Oct 2026
- Revision status
- Latest published estimate, subject to revision
Set by the FOMC.
Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.
More US indicators
Latest readings. Open any one for its full history.
Rankings
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