U.S. Fed Funds Target Rate

USD
Actual
3.25%
Forecast
3.25%
Previous
2.50%
Latest Release
Sep 21, 2022
Importance
Overview
Federal Open Market Committee (FOMC) members vote on where to set the target interest rate. Traders watch interest rate changes closely as relative short term interest rates are a primary factor in currency valuation.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Sep 21, 2022 23:30 3.25% 3.25%
2.50%
Jul 27, 2022 23:30 2.50% 2.50%
1.75%
Jun 15, 2022 23:30 1.75% 1.50%
1.00%
May 04, 2022 23:30 1.00% 1.00%
0.50%
Mar 16, 2022 23:30 0.50% 0.50%
0.25%
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