What is the current federal funds rate?

The Federal Funds Rate is 3.62% as of May 29, 2026, sourced from Federal Reserve via FRED (DFF).

Where does the fed funds data come from?

Data is pulled from Federal Reserve via FRED (DFF) (https://fred.stlouisfed.org/series/DFF). CalcFi caches the latest reading and historical series on an daily cadence.

How often is the fed funds updated?

Update cadence: daily. The freshness pill at the top of the page shows the exact "as of" timestamp for the latest cached value.

What unit is the fed funds reported in?

Values are reported in percent (annualized where applicable). The chart and historical table use the same unit.

Can I download Fed Funds data?

Yes. The full historical series is available as JSON at https://calcfi.app/api/data/federal-funds-rate and as CSV at https://calcfi.app/api/data/federal-funds-rate/history.csv. Both are CC BY 4.0.

Is Federal Funds Rate data free to use?

Yes. CalcFi-distributed data is licensed CC BY 4.0 (attribution required). Upstream public-source data (FRED, BLS, Census) remains in its original license.

How accurate is the fed funds on this page?

Values mirror the upstream Federal Reserve via FRED (DFF) feed at fetch time. Brief upstream revisions can cause small discrepancies between the live source and CalcFi's cache; the freshness pill flags stale data.

Which calculators use fed funds?

Related calculators on CalcFi: Savings Calculator, Auto Loan. Each prefills the latest fed funds value.

Does this data replace financial advice?

No. Federal Funds Rate data is published for educational reference. It is not personalized investment, tax, or legal advice. For decisions with material consequences, consult a licensed professional.

Federal Funds Rate 2026 — 3.62% (May 29, 2026) | Free Data

Federal Funds RateLive· 0m ago

3.62%

As of May 29, 2026−0.02pp−0.71pp

Calculate savings calculator at 3.62%

Historical chart

Where today sits in history

At 3.62%, the current fed funds sits in the 64th percentile of the last decade — in the middle of its 10-year range.

Month-over-month change: down 0.02 percentage points.

About this data

The overnight lending rate between US banks, set by the Federal Reserve via its target range. Directly influences prime rate, adjustable-rate mortgages, credit card APRs, and savings account yields.

Data sourced directly from Federal Reserve via FRED (DFF). Updated daily. Published by CalcFi Editorial. See our methodology.

CalcFi publishes publicly available government economic data. We do not provide financial advice. Consult a licensed advisor before making financial decisions.

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