{
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 "key": "us/fed-funds/lower",
 "label": "US Federal Reserve: Federal funds target range — lower bound",
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 "period": null,
 "effectiveFrom": "2026-09-17",
 "effectiveTo": null,
 "source": "https://www.federalreserve.gov/monetarypolicy/openmarket.htm",
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 "nextExpectedChange": "2026-12-09",
 "sourceCheckedAt": "2026-11-02",
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 "previous": {
  "value": 3.5,
  "period": null,
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 "scope": "United States; Federal funds target range, set by the Federal Open Market Committee (FOMC)",
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  "text": "databutler.dev, verified 2026-10-31 against https://www.federalreserve.gov/monetarypolicy/openmarket.htm"
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}