Federal Funds Target Range — Lower Limit

The Federal Funds Target Range — Lower Limit was 3.50% on 2026-09-15, per Board of Governors of the Federal Reserve System via FRED.

Latest 3.50%
Change vs previous 0 bp
As of
Unit Percent

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Source: Board of Governors of the Federal Reserve System via FRED · Source data · As of · 6,483 observations

Recent observations

The most recent 60 observations, newest first. Change is against the previous published observation, not the previous calendar day — the series is only published on days the source publishes it.

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3.50% —

Source: Board of Governors of the Federal Reserve System via FRED · As of · Showing 60 of 6,483 observations; the chart above plots the full history.

Methodology

The lower bound of the target range the FOMC sets for the federal funds rate. It changes only by a Committee decision, so the series is a step function, flat between meetings.

Attribution & licence
Attribution
Source: Board of Governors of the Federal Reserve System via FRED
Originator
Board of Governors of the Federal Reserve System
Licence
Public domain
Why
The underlying data is a U.S. federal government work (public domain). FRED is the redistributor, not the author, so the attribution names the originating agency 'via FRED'. FRED's terms permit redistribution but FORBID use with AI/LLM services — hence llmForbidden.