U.S. Fed Funds Target Rate

USD
Actual
0.25%
Forecast
0.25%
Previous
0.25%
Latest Release
Jul 28, 2021
Importance
Overview
Federal Open Market Committee (FOMC) members vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the USD, while a lower than expected rate is negative/bearish for the USD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jul 28, 2021 20:00 0.25% 0.25%
0.25%
Jun 16, 2021 20:00 0.25% 0.25%
0.25%
Apr 28, 2021 20:00 0.25% 0.25%
0.25%
Mar 17, 2021 20:00 0.25% 0.25%
0.25%
Jan 27, 2021 21:00 0.25% 0.25%
0.25%
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