Skip to content
Latest
Markets at the closeAs of close, Nov 13, 2026Nasdaq −0.9% · S&P 500 −0.4% · Dow +0.1%Japan's GDP and China's October Data Open the Week Before Monday's Empire State Survey and Warsh RemarksBitcoin Falls to $62,112 in Sunday Trading, Its Lowest Since JulyBahrain Says It Intercepted Iranian Attacks; Brent Last Settled at $95.84 After IEA Surplus ReportHow a Spot Bitcoin ETF Works, and What 'Net Withdrawals' MeanHow to Read a Preliminary GDP Estimate, With Japan's Third Quarter as the Example15-Year vs. 30-Year Mortgage: What a 6.45 Percent and a 7.11 Percent Rate Cost on $300,000
Yield Update
Subscribe
EconomyPast Article

The Funds Target Range Moved Down

The upper bound of the federal funds target range was 4.50 percent on December 19, 2024, from 4.75 percent, according to the St. Louis Fed. The lower bound is 4.25 percent.

By Helen Voss, Rates Columnist

Washington1 min read

a large building with columns and a flag on the corner
a large building with columns and a flag on the cornerPhoto by Joshua Woroniecki on Unsplash

The published upper limit of the federal funds target range was 4.50 percent on December 19, 2024, according to data from the St. Louis Fed. The day before the change, that upper limit was 4.75 percent. The lower limit was 4.25 percent, from 4.50 percent.

The target range is not a bond yield. It governs banks' overnight reserves, a different market from the ten-year Treasury note.

Subscriber content

This story is in the archive

Create a free account to read one article a day, or subscribe for full access.

SubscribeCreate account

Already have an account? Log in

See an error? Request a correction.