Central Bank Interest Rates
How much does it cost banks to borrow?
Follow key US and euro area interest rates.
Right now
US overnight rate is 3.88%.
Reference period: 21 Sep 2026.
Target range: lower limit
3.75%
Reference period: 21 Sep 2026.
Target range: upper limit
4%
Reference period: 21 Sep 2026.
This is a measure of the wider economy. It does not say where Bitcoin will move.
US overnight borrowing rates
The rate banks paid, with the lower and upper limits of the target range. The Bitcoin line shows its closing price in US dollars on each reference date.
Euro area central bank deposit rate
Each change applies from its effective date. This is not a household savings rate. The Bitcoin line shows its closing price in US dollars on each reference date.
Understanding
Central Bank Interest Rates
US overnight rate is 3.88% as of .
Target range: lower limit is 3.75% as of .
Target range: upper limit is 4% as of .
How this page is worked out
The US overnight rate is the rate banks actually paid. Its target range is set by the central bank. The euro area deposit rate is paid on eligible money banks leave with their central bank. These are different measures, not household loan rates.
What this page does not tell you
This is a measure of the wider economy. It does not say where Bitcoin will move.
Sources and calculations
Maketo’s licence covers its chart design and calculations. Original figures keep their source terms.
Chart design and calculations: Maketo.
Source: ECB statistics.
Published figures. Version read on .
Source: Federal Reserve Bank of New York.
Published figures. Version read on .
- Effective federal funds rate
- Federal funds target range: lower limit
- Federal funds target range: upper limit
The reference-rate information is subject to the Terms of Use posted at newyorkfed.org. The New York Fed is not responsible for publication of the reference-rate information by Maketo, does not sanction or endorse any particular republication, and has no liability for your use.