Economic Calendar > Calendar Details
The United StatesJulyUpper limit of the federal funds rate target
| Latest Release | Actual Value | Forecast Value | Previous Value | Next Release Time | Release Frequency | Importance |
|---|---|---|---|---|---|---|
| 2025-07-31 | 4.5% | 4.5% | 4.5% | 2025-09-18 02:00 | Monthly |
|
Historical Data
Actual Value
Forecast Value
1 Year
2 Years
5 Years
Start Date
to
End Date
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 to the public annually.
Impact on Market
Raising interest rates is beneficial to the US dollar.
Why It Matters
The rise and fall of interest rates reflect the health of the economy. During a period of booming economic development, an interest rate hike means rapid economic growth, high investment returns, and is beneficial to the US dollar.
Released By
Federal Reserve
