Breaking News

U.S. Fed Funds Target Rate

Latest Release

Dec 18, 2024

Actual

4.50%

Forecast

4.50%

4.75%

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.

Importance:

Country:

Currency: USD

Source: Federal Reserve

Release Date	Time	Actual	Forecast	Previous
Dec 11, 2025	06:00
Oct 30, 2025	05:00
Sep 18, 2025	05:00
Jul 31, 2025	05:00
Jun 19, 2025	05:00
May 08, 2025	05:00

News

Dollar retreats from highs ahead of PPI; sterling under pressure By Investing.com - Jan 14, 2025

Investing.com - The US dollar fell Tuesday amid uncertainty over Trump’s tariffs policy, but remained near two-year highs ahead of the release of the first of the week’s key inflation data. At 04:15...

Goldman Sachs now expects two Fed rate cuts this year, down from three By Investing.com - Jan 13, 2025

Investing.com-- Goldman Sachs (NYSE:GS) analysts said they now expect the Federal Reserve to cut interest rates twice this year, down from their prior forecast of three cuts, amid increased concerns...

Payrolls, German CPI, Canadian politics - what's moving markets By Investing.com - Jan 06, 2025

Investing.com -- Wall Street is seen trading marginally higher Monday as investors await the release of key employment data later this week. Inflation numbers in Europe will also be in focus, as well...

Analysis

US Dollar Poised for Gains as Upcoming PPI Could Fuel Rate Cut Uncertainty By Francesco Pesole - Jan 14, 2025

The US releases PPI figures for January today, where the core measure is expected to accelerate at an unwelcoming 0.3% MoM. That should cast more doubts about further Fed easing and give the dollar...

US Dollar Strength Persists as Markets Brace for Trump's Inauguration By Chris Turner - Jan 09, 2025

A better 30-year US Treasury auction and a US Federal holiday could bring some calmer conditions to bond and FX markets today. However, do not expect the US dollar to hand back much of its recent...

5 Reasons Why Investors Should Adopt a More Cautious Approach in 2025 By Lance Roberts - Jan 11, 2025

“Curb Your Enthusiasm,” which ran its series finale last year, starred Larry David as an over-the-top version of himself in a comedy series that showed how seemingly trivial details of day-to-day...

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Japan 10Y	1.195	0.000	0.00%
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	Interest Rates	Next Meeting
RBA	4.35%	Feb 18, 2025
BOE	4.75%	Feb 06, 2025
ECB	3.15%	Jan 30, 2025
FED	4.50%	Jan 29, 2025
SNB	0.50%	Mar 20, 2025
BOC	3.25%	Jan 29, 2025
RBNZ	4.25%	Feb 19, 2025
BOJ	0.25%	Jan 24, 2025
CBR	21.00%	Feb 14, 2025
RBI	6.50%	Feb 07, 2025
PBOC	3.10%
BCB	12.25%	Jan 29, 2025