Higgins Strategy

From the home page, Debt and Interest

Federal funds target, upper bound

Down 0.25 points in a year

4.00%

Time frame
Line chart of federal funds target, upper bound, Oct 2025 to Oct 2026: from 4.25% to 4.00%.Line chart of federal funds target, upper bound, 2021 to 2026: from 0.25% to 4.00%.Line chart of federal funds target, upper bound, 2016 to 2026: from 0.50% to 4.00%.Line chart of federal funds target, upper bound, 2008 to 2026: from 0.25% to 4.00%.

Source: Federal Reserve Board, via FRED; series DFEDTARU. Data as of Oct 12, 2026.

Federal funds target, upper bound: the last reading of each month, newest first. The CSV holds every day.
DateValue
Oct 12, 20264.00%
Sept 30, 20264.00%
Aug 31, 20263.75%
July 31, 20263.75%
June 30, 20263.75%
May 31, 20263.75%
April 30, 20263.75%
March 31, 20263.75%
Feb 28, 20263.75%
Jan 31, 20263.75%
Dec 31, 20253.75%
Nov 30, 20254.00%
Oct 31, 20254.00%
Sept 30, 20254.25%
Aug 31, 20254.50%
July 31, 20254.50%
June 30, 20254.50%
May 31, 20254.50%
April 30, 20254.50%
March 31, 20254.50%
Feb 28, 20254.50%
Jan 31, 20254.50%
Dec 31, 20244.50%
Nov 30, 20244.75%
Oct 31, 20245.00%
Sept 30, 20245.00%
Aug 31, 20245.50%
July 31, 20245.50%
June 30, 20245.50%
May 31, 20245.50%
April 30, 20245.50%
March 31, 20245.50%
Feb 29, 20245.50%
Jan 31, 20245.50%
Dec 31, 20235.50%
Nov 30, 20235.50%
Oct 31, 20235.50%
Sept 30, 20235.50%
Aug 31, 20235.50%
July 31, 20235.50%
June 30, 20235.25%
May 31, 20235.25%
April 30, 20235.00%
March 31, 20235.00%
Feb 28, 20234.75%
Jan 31, 20234.50%
Dec 31, 20224.50%
Nov 30, 20224.00%
Oct 31, 20223.25%
Sept 30, 20223.25%
Aug 31, 20222.50%
July 31, 20222.50%
June 30, 20221.75%
May 31, 20221.00%
April 30, 20220.50%
March 31, 20220.50%
Feb 28, 20220.25%
Jan 31, 20220.25%
Dec 31, 20210.25%
Nov 30, 20210.25%
Oct 31, 20210.25%
Sept 30, 20210.25%
Aug 31, 20210.25%
July 31, 20210.25%
June 30, 20210.25%
May 31, 20210.25%
April 30, 20210.25%
March 31, 20210.25%
Feb 28, 20210.25%
Jan 31, 20210.25%
Dec 31, 20200.25%
Nov 30, 20200.25%
Oct 31, 20200.25%
Sept 30, 20200.25%
Aug 31, 20200.25%
July 31, 20200.25%
June 30, 20200.25%
May 31, 20200.25%
April 30, 20200.25%
March 31, 20200.25%
Feb 29, 20201.75%
Jan 31, 20201.75%
Dec 31, 20191.75%
Nov 30, 20191.75%
Oct 31, 20191.75%
Sept 30, 20192.00%
Aug 31, 20192.25%
July 31, 20192.50%
June 30, 20192.50%
May 31, 20192.50%
April 30, 20192.50%
March 31, 20192.50%
Feb 28, 20192.50%
Jan 31, 20192.50%
Dec 31, 20182.50%
Nov 30, 20182.25%
Oct 31, 20182.25%
Sept 30, 20182.25%
Aug 31, 20182.00%
July 31, 20182.00%
June 30, 20182.00%
May 31, 20181.75%
April 30, 20181.75%
March 31, 20181.75%
Feb 28, 20181.50%
Jan 31, 20181.50%
Dec 31, 20171.50%
Nov 30, 20171.25%
Oct 31, 20171.25%
Sept 30, 20171.25%
Aug 31, 20171.25%
July 31, 20171.25%
June 30, 20171.25%
May 31, 20171.00%
April 30, 20171.00%
March 31, 20171.00%
Feb 28, 20170.75%
Jan 31, 20170.75%
Dec 31, 20160.75%
Nov 30, 20160.50%
Oct 31, 20160.50%
Sept 30, 20160.50%
Aug 31, 20160.50%
July 31, 20160.50%
June 30, 20160.50%
May 31, 20160.50%
April 30, 20160.50%
March 31, 20160.50%
Feb 29, 20160.50%
Jan 31, 20160.50%
Dec 31, 20150.50%
Nov 30, 20150.25%
Oct 31, 20150.25%
Sept 30, 20150.25%
Aug 31, 20150.25%
July 31, 20150.25%
June 30, 20150.25%
May 31, 20150.25%
April 30, 20150.25%
March 31, 20150.25%
Feb 28, 20150.25%
Jan 31, 20150.25%
Dec 31, 20140.25%
Nov 30, 20140.25%
Oct 31, 20140.25%
Sept 30, 20140.25%
Aug 31, 20140.25%
July 31, 20140.25%
June 30, 20140.25%
May 31, 20140.25%
April 30, 20140.25%
March 31, 20140.25%
Feb 28, 20140.25%
Jan 31, 20140.25%
Dec 31, 20130.25%
Nov 30, 20130.25%
Oct 31, 20130.25%
Sept 30, 20130.25%
Aug 31, 20130.25%
July 31, 20130.25%
June 30, 20130.25%
May 31, 20130.25%
April 30, 20130.25%
March 31, 20130.25%
Feb 28, 20130.25%
Jan 31, 20130.25%
Dec 31, 20120.25%
Nov 30, 20120.25%
Oct 31, 20120.25%
Sept 30, 20120.25%
Aug 31, 20120.25%
July 31, 20120.25%
June 30, 20120.25%
May 31, 20120.25%
April 30, 20120.25%
March 31, 20120.25%
Feb 29, 20120.25%
Jan 31, 20120.25%
Dec 31, 20110.25%
Nov 30, 20110.25%
Oct 31, 20110.25%
Sept 30, 20110.25%
Aug 31, 20110.25%
July 31, 20110.25%
June 30, 20110.25%
May 31, 20110.25%
April 30, 20110.25%
March 31, 20110.25%
Feb 28, 20110.25%
Jan 31, 20110.25%
Dec 31, 20100.25%
Nov 30, 20100.25%
Oct 31, 20100.25%
Sept 30, 20100.25%
Aug 31, 20100.25%
July 31, 20100.25%
June 30, 20100.25%
May 31, 20100.25%
April 30, 20100.25%
March 31, 20100.25%
Feb 28, 20100.25%
Jan 31, 20100.25%
Dec 31, 20090.25%
Nov 30, 20090.25%
Oct 31, 20090.25%
Sept 30, 20090.25%
Aug 31, 20090.25%
July 31, 20090.25%
June 30, 20090.25%
May 31, 20090.25%
April 30, 20090.25%
March 31, 20090.25%
Feb 28, 20090.25%
Jan 31, 20090.25%
Dec 31, 20080.25%

Download CSV (every observation, %). Every dataset. Data licensed CC BY 4.0.