The Rate That Isn't As High As It Looks
While headlines fret over a 3.7% inflation print, the effective federal funds rate of 3.88% remains below its historical median and well off the peaks that once defined economic pain.
Markets
The Fed, prices, jobs, earnings season and crypto, in charts you can read in five seconds. Facts and context only: no tips, no predictions.
Updated October 23, 2026. Every number on this page is computed from public data; sources below.
The Federal Reserve's policy rate (effective fed funds) is 3.88%, down 0.23 points from a year ago. The next Fed meeting is October 27-28 (4 days away).
When the biggest US companies last filed quarterly results with the SEC, and when the next report is likely. Estimates come from each company's past schedule; companies confirm exact dates on their investor sites.
| Company | Last results | Next (estimated) |
|---|---|---|
| Visa V | Jul 28 | Oct 27 (est.) |
| Microsoft MSFT | Jul 29 | Oct 28 (est.) |
| Alphabet GOOGL | Jul 22 | Oct 28 (est.) |
| Apple AAPL | Jul 30 | Oct 29 (est.) |
| Amazon AMZN | Jul 30 | Oct 29 (est.) |
| Exxon Mobil XOM | May 1 | Oct 30 (est.) |
| NVIDIA NVDA | Aug 26 | Nov 18 (est.) |
| Walmart WMT | Aug 20 | Nov 19 (est.) |
| Broadcom AVGO | Sep 2 | Dec 10 (est.) |
| Costco COST | Sep 24 | Dec 10 (est.) |
| Tesla TSLA | Oct 21 | Jan 1 (est.) |
| Bank of America BAC | Oct 14 | Jan 13 (est.) |
| Netflix NFLX | Oct 20 | Jan 19 (est.) |
| Meta Platforms META | Oct 21 | Jan 27 (est.) |
Prices from our FATAS system, which tracks the Kraken exchange. Volatility is how much the price has swung day to day over the last month, scaled to a year: higher means bigger swings.
Our markets reporter on the big stories from the Fed and earnings season, every week.
While headlines fret over a 3.7% inflation print, the effective federal funds rate of 3.88% remains below its historical median and well off the peaks that once defined economic pain.