The trend since 2019.
The latest available read: Fed Funds Rate is at 3.75% as of September 2026. Source: FRED · FEDFUNDS.
Why it matters.
This rate ripples through your wallet by influencing what banks charge for mortgages, auto loans, and credit cards, plus what you earn on savings accounts. When it stays flat like now, borrowing costs and savings yields tend to stabilize, affecting your financial planning decisions.
Where it fits.
Fed Funds Rate feeds the Inflation & the Fed view — one of the six areas behind the site's Macro IQ score.