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Data from FRED. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Fed Funds Daily held to 3.62 Percent in June 2026
FREDDailyReleased June 2026
US Fed Funds Daily held to 3.62 Percent in June 2026.
Latest Release
3.620000
Actual
—
Consensus
3.620000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Fed Funds Daily (United States) was reported at 3.62 Percent in June 2026. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 3.90 Percent, ranging from 3.62 Percent to 4.33 Percent across 362 releases. This is classified as a high-impact indicator released on a daily basis.
WHY IT MATTERS
The trailing three releases averaged 3.62 Percent, unchanged from the prior three. Volatility over the past year (σ 0.30 Percent) is lower than the prior year (σ 0.42 Percent). In June readings over the past 3 years, Fed Funds Daily has averaged 4.72 Percent.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Fed Funds Daily - US
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About Fed Funds Daily — United States
DEFINITION
US Fed Funds Daily rate held steady at 3.620000% throughout June 2026, matching the previous month's level. June's unchanged rate from May's 3.620000% signals a pause in monetary tightening. Market participants await further Fed guidance amid stable short-term rates. Updated 6/13/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus typically move rates and currencies on release. Released daily.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 3.62 Percent. Prior reading (Jun 2026): 3.62 Percent. Before that (Jun 2026): 3.62 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.