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MACRO · RATES

Federal Funds Rate Hub: Effective Rate and Policy Context

FEDFUNDS is the effective federal funds rate. Policy target ranges are set by the FOMC; this hub cites the effective series and points to the meeting calendar.

FRED FEDFUNDS · FOMC policy path context · Markets Desk · Board of Governors / FRED

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Latest—

UnitPercent

As-of—

Provider—

OpenBB/FRED returned no macro rows — latest stays empty.

Release calendar

Editorial dates from public schedules — confirm on the source before trading or publishing.

Date	Event	Note
2026-09-16	September 2026 FOMC (SEP meeting)	Policy window
2026-10-28	October 27–28 2026 FOMC decision day	Fed public calendar
2026-12-09	December 8–9 2026 FOMC (SEP)	Fed public calendar

Methodology

Latest value uses OpenBB economy/interest_rates when the FRED/federal_reserve providers respond. Target-range decisions are not predicted — see the FOMC hub for meeting dates.

FRED series: FEDFUNDS

FAQ

Effective rate vs target range?: FEDFUNDS is the effective traded rate. The FOMC announces a target range; implementation tools steer the effective rate into that range.