Economic Calendar > Calendar Details
The United StatesJulyLower bound of the federal funds rate target
Latest Release | Actual Value | Forecast Value | Previous Value | Next Release Time | Release Frequency | Importance |
---|---|---|---|---|---|---|
2025-07-31 | 4.25% | 4.25% | 4.25% | 2025-09-18 02:00 | Monthly |
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Historical Data
1 Year
2 Years
5 Years

Definition
The Federal Open Market Committee (FOMC) votes to determine the federal funds rate through discussion meetings. They hold eight regular meetings in Washington, D.C. every year, and the meeting schedule is made public annually.
Impact on Market
Why It Matters
The rise and fall of interest rates reflect the health of the economy. During a period of vigorous economic development, an interest rate hike means rapid economic growth, a high return on investment, and is beneficial to the US dollar.
Released By
Federal Reserve