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Central bank rates · FEDTARGET-UPPER

US Fed funds target range

The range the US Federal Reserve targets for short-term interbank lending. Published monthly by Federal Reserve Bank of New York.

4.00 %
0.0% over a year
Unit
percent
Frequency
monthly
Coverage
November 2025 – October 2026
Status
not stated
Data retrieved
Page built
The last reading of the month. The range is set by the FOMC, not by the market.

Trailing 12 months

3.7 %3.8 %3.9 %4.0 %2025-112025-122026-022026-032026-052026-062026-072026-092026-10

Selected-period observations

12
US Fed funds target range — the same data as the chart
Period Value Change, % Status
October 20264.000.0%
September 20264.00+6.7%
August 20263.750.0%
July 20263.750.0%
June 20263.750.0%
May 20263.750.0%
April 20263.750.0%
March 20263.750.0%
February 20263.750.0%
January 20263.750.0%
December 20253.75−6.2%
November 20254.000.0%

What this number means

The range the US Federal Reserve targets for short-term interbank lending. The Fed sets an upper and a lower bound rather than a single rate, and the actual market rate (EFFR) sits inside them. It moves the dollar, and through the dollar the price of imports into Lithuania.

Source

Published by Federal Reserve Bank of New York. Indicator code: FEDTARGET-UPPER.

The exact query these figures came from

The publisher's data portal

Paskutinė mėnesio paskelbta reikšmė (dienos duomenys).

Used under the Federal Reserve Bank of New York's Terms of Use. The New York Fed is not responsible for this publication, does not sanction or endorse it, and has no liability for its use. SOFR is calculated from data licensed to the New York Fed by DTCC Solutions LLC; Solutions and its affiliates have no liability for the content. Terms of use

At a glance

Change over one period0.0%
Change over a year0.0%
Highest4.00November 2025
Lowest3.75December 2025

Changes are percentages relative to the comparison value. A zero or negative comparison value is shown as unavailable. Highest and lowest refer to the selected period.