What's the current interest rate for personal loans? private loans for bad credit "To the extent the market is pricing in an increase in the federal funds rate in 2014, that implies a stronger economic performance than is forecast," he said. Currently, the FOMC says it expects to maintain low interest rates as long as unemployment is above 6.5 percent and inflation forecasts are below 2 percent, though members have stressed that those figures represent thresholds and not policy triggers.