The trend since 2019.
The current read: Fed Funds Rate is at 3.75% as of July 2026. Source: FRED/BEA via Indicators IQ.
Why it matters.
This rate ripples through everything you borrow for—mortgages, credit cards, auto loans, and savings accounts all move in the same direction. When the Fed holds rates flat like this, it signals they're pausing their easing cycle, which affects how much you'll pay or earn on borrowed and saved money.
Where it fits.
Fed Funds Rate feeds the Inflation & the Fed view — one of the six areas behind the site's Macro IQ score.