Central banks / Fed
Federal Reserve: 3.75–4.00%
The Federal Reserve's federal funds target range, set at its scheduled policy meetings and announced at 2:00pm Washington time. Dates below are decision days.
Federal funds target range
3.75–4.00%
Decided 16 Sep 2026.
Last move
Raised 25 bp
16 Sep 2026, from 3.50–3.75% to 3.75–4.00%.
Next decision
28 Oct 2026
0 days away.
Source: Federal Reserve (federalreserve.gov), as at 22 Oct 2026.
Upcoming decisions
- 0 days
- 42 days
- 91 days
- 140 days
AUD/USD on the last 8 decision days
| Decision day | Decision | Rate | Open | Close | Range (pips) |
|---|---|---|---|---|---|
| Raised 25 bp | 3.75–4.00% | 0.7125 | 0.7088 | 18 | |
| Unchanged | 3.50–3.75% | 0.6972 | 0.6961 | 54 | |
| Unchanged | 3.50–3.75% | 0.7065 | 0.7023 | 21 | |
| Unchanged | 3.50–3.75% | 0.7189 | 0.7130 | 71 | |
| Unchanged | 3.50–3.75% | 0.7108 | 0.7029 | 74 | |
| Unchanged | 3.50–3.75% | 0.6996 | 0.7039 | 43 | |
| Lowered 25 bp | 3.50–3.75% | 0.6640 | 0.6674 | 25 | |
| Lowered 25 bp | 3.75–4.00% | 0.6585 | 0.6578 | 38 |
AUD/USD computed from Yahoo daily OHLC (306 daily bars). Each row is the daily bar dated the decision day, so it includes the hours before and after the announcement. Close is the next day's open (FX trades round the clock); range is the day's high minus low. Fetched 28 Oct, 03:43 pm AEDT.
Live rates are on the AUD/USD page and the Terminal. Other central banks: all seven.