Fed Interest Rates March 2025. Markets that predict movements in the federal funds rate think a march cut is a close call, reckoning there’s about a 46% chance. Is the fed going to lower interest rates in 2025?
The current federal funds rate as of october 17, 2025 is 4.83%. The board of governors of the federal reserve system voted unanimously to maintain the interest rate paid on reserve balances at 5.4 percent, effective march 21, 2025.