current federal interest rate
Note: at this time the FED has adopted an interest rate range of 0% to 0.25%. The central bank of the United States is the FED. FED stands for Federal Reserve System but this is also referred to as the Federal Reserve for short.f the FEDâs monetary policy alters the base rate, that usually affects the interest rate on various products such as mortgages, loans and savings. This page shows the current and historic values of the FEDâs Federal Funds rate.