The benchmark interest rate in the United States was last recorded at 4.50 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint (FEDTARRM) from 2025 to 2027 about projection, federal, rate, and USA.

United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low was 2.60% in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low reached a record high of 5.40 in January of 2023 and a record low of 0.10 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Midpoint (UNRATECTMLR) from 2009-02-18 to 2025-06-18 about projection, civilian, unemployment, rate, and USA.

United States FOMC Projection: Unemployment Rate: Range: Y3: Upper End data was reported at 4.000 % in Dec 2021. This stayed constant from the previous number of 4.000 % for Sep 2021. United States FOMC Projection: Unemployment Rate: Range: Y3: Upper End data is updated quarterly, averaging 4.200 % from Sep 2019 to Dec 2021, with 5 observations. The data reached an all-time high of 6.000 % in Sep 2020 and a record low of 4.000 % in Dec 2021. United States FOMC Projection: Unemployment Rate: Range: Y3: Upper End data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.G033: Current Population Survey: Unemployment Rate: Projection: Federal Reserve Board.

Chicago Fed National Activity Index in the United States increased to -0.10 points in June from -0.16 points in May of 2025. This dataset provides the latest reported value for - United States Chicago Fed National Activity Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

ECB and FED Speeches

This data contains speeches from European Central Bank (ECB) and Federal Reserve (FED) executives, from 1996 to 2025.

  Mistral OCR

In addition to the text provided by the Bank of International Settlements (BIS), we also added a new textual column derived extracting information from the source PDF files using Mistral's OCR API. Page breaks are identified with the

---[PAGE_BREAK]---

string.

United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High was 3.90% in March of 2025, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High reached a record high of 4.30 in June of 2015 and a record low of 3.00 in December of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Median (JCXFEMD) from 2025 to 2027 about core, projection, PCE, consumption expenditures, consumption, personal, median, inflation, rate, and USA.

United States FOMC Projection: Federal Funds Rate: Range: Y3: Lower End data was reported at 2.400 % in Dec 2024. This stayed constant from the previous number of 2.400 % for Sep 2024. United States FOMC Projection: Federal Funds Rate: Range: Y3: Lower End data is updated quarterly, averaging 2.000 % from Sep 2015 (Median) to Dec 2024, with 20 observations. The data reached an all-time high of 2.900 % in Sep 2015 and a record low of 0.100 % in Dec 2020. United States FOMC Projection: Federal Funds Rate: Range: Y3: Lower End data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.M005: Federal Funds Rates: Summary of Economic Projections: Federal Reserve Board.

United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint was 4.30000 Fourth Qtr., % in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint reached a record high of 6.75000 in January of 2020 and a record low of 3.55000 in January of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint - last updated from the United States Federal Reserve on July of 2025.

United States FOMC Projection: Core PCE Inflation: Central Tendency: Y3: Lower End data was reported at 2.000 % in Dec 2024. This stayed constant from the previous number of 2.000 % for Sep 2024. United States FOMC Projection: Core PCE Inflation: Central Tendency: Y3: Lower End data is updated quarterly, averaging 2.000 % from Sep 2015 (Median) to Dec 2024, with 20 observations. The data reached an all-time high of 2.000 % in Dec 2024 and a record low of 1.900 % in Dec 2020. United States FOMC Projection: Core PCE Inflation: Central Tendency: Y3: Lower End data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.I: PCE Price Index: Projection: Federal Reserve Board.

United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Median was 4.20% in March of 2025, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Median reached a record high of 5.00 in June of 2015 and a record low of 4.00 in March of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Median - last updated from the United States Federal Reserve on August of 2025.

For many years prior to the global financial crisis, the Federal Open Market Committee set a target for the federal funds rate and achieved that target through small purchases and sales of securities in the open market. In the aftermath of the financial crisis, with a superabundant level of reserve balances in the banking system having been created as a result of the Federal Reserve's large-scale asset purchase programs, this approach to implementing monetary policy will no longer work. This paper provides a primer on the Fed's implementation of monetary policy. We use the standard textbook model to illustrate why the approach used by the Federal Reserve before the financial crisis to keep the federal funds rate near the Federal Open Market Committee's target will not work in current circumstances, and explain the approach that the Committee intends to use instead when it decides to begin raising short-term interest rates.

Graph and download economic data for Secured Overnight Financing Rate (SOFR) from 2018-04-03 to 2025-07-30 about financing, overnight, securities, rate, and USA.

United States FOMC Projection: Change in Real GDP: Range: Y3: Upper End data was reported at 2.500 % in Dec 2024. This stayed constant from the previous number of 2.500 % for Sep 2024. United States FOMC Projection: Change in Real GDP: Range: Y3: Upper End data is updated quarterly, averaging 2.400 % from Sep 2015 (Median) to Dec 2024, with 21 observations. The data reached an all-time high of 4.000 % in Sep 2020 and a record low of 2.000 % in Sep 2017. United States FOMC Projection: Change in Real GDP: Range: Y3: Upper End data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.A026: NIPA 2023: GDP by Expenditure: Constant Price: saar: QoQ: Projection: Federal Reserve Board.

Inflation Nowcasting Monthly Year-Over-Year is a part of the Inflation Nowcasting indicator of the Federal Reserve Bank of Cleveland.

United States - Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median was 1.80000 Fourth Qtr. to Fourth Qtr. % Chg. in March of 2025, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median reached a record high of 2.00000 in September of 2015 and a record low of 1.80000 in September of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median - last updated from the United States Federal Reserve on July of 2025.

Croushore, Dean, and van Norden, Simon, (2018) “Fiscal Forecasts at the FOMC: Evidence from the Greenbooks.” Review of Economics and Statistics 100:5, 933-945.

Content

The Chicago Fed's National Financial Conditions Index (NFCI) provides a comprehensive weekly update on U.S. financial conditions in money markets, debt and equity markets and the traditional and "shadow" banking systems. Positive values of the NFCI indicate financial conditions that are tighter than average, while negative values indicate financial conditions that are looser than average.

For further information, please visit the Federal Reserve Bank of Chicago (http://www.chicagofed.org/webpages/publications/nfci/index.cfm).

Context

This is a dataset from the Federal Reserve Bank of Chicago hosted by the Federal Reserve Economic Database (FRED). FRED has a data platform found here and they update their information according to the frequency that the data updates. Explore the Chicago Fed using Kaggle and all of the data sources available through the Chicago Fed organization page!

• Update Frequency: This dataset is updated daily.

• Observation Start: 1971-01-08

• Observation End : 2020-03-13

Acknowledgements

This dataset is maintained using FRED's API and Kaggle's API.

The license for this dataset is unknown. Please reach out directly to the Chicago Fed for more information on Commercial/Non-Commercial access.

Cover photo by Karina Carvalho on Unsplash
Unsplash Images are distributed under a unique Unsplash License.