The federal funds rate in the United States is now 3.75%, as of September 2026, according to data from Federal Reserve Economic Data (FRED).
This marks an increase of 0.1 percentage points from the prior period, when the rate was 3.63%.
For residents, this means that borrowing costs for loans such as mortgages and auto loans may rise, while savings account interest rates could also see a slight increase. The change reflects the Federal Reserve’s efforts to manage economic conditions, balancing inflation control and economic growth.
Beatrice Mitchell, Manchester-rooted and classically elegant, famously commissioned a rebuttal series after a controversial council planning meeting in Stockport, insisting on community testimony. Holds a firm editorial line on accountability and narrative fairness, and collects vintage city planning maps as an idiosyncratic hobby.
