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United States: Central bank policy rate

Percent · 1915–2025 · 111 observations · forecasts to 2026 · cbrate

2025
3.63%percent
Change on 2024
−0.8 pointsfrom 4.38%
Average, 2016–2025
2.40%10 years
Record high and low
22.0% (1980)low 0.125% (2008)

Central bank policy rate

Report error
0%5%10%15%20%25%192019401960198020002020United StatesUnited States
ForecastPercent

Compare with other countries →Definition of Central bank policy rate

Recent values

Percent

YearValue
20263.38Forecast
20253.63
20244.38
20235.38
20224.38
20210.125
20200.125
20191.63
20182.38
20171.38
20160.625

Sources

  • Federal Reserve Bank of St. Louis1915–2025
  • Grimm1950–2023
  • IMF International Financial Statistics1950–2024
  • Bank for International Settlements1954–2025
  • OECD Main Economic Indicators (archive)1955–1971
  • OECD Economic Outlook2003–2025
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms