diff --git a/requirements-freqai.txt b/requirements-freqai.txt
index 4a25a86ff..ceb5488a6 100644
--- a/requirements-freqai.txt
+++ b/requirements-freqai.txt
@@ -4,7 +4,7 @@
 
 # Required for freqai
 scikit-learn==1.1.3
-joblib==1.2.0
+joblib==1.3.1
 catboost==1.2; 'arm' not in platform_machine
 lightgbm==3.3.5
 xgboost==1.7.6
diff --git a/requirements.txt b/requirements.txt
index cf92f5bdc..96d551405 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -23,7 +23,7 @@ pycoingecko==3.1.0
 jinja2==3.1.2
 tables==3.8.0
 blosc==1.11.1
-joblib==1.2.0
+joblib==1.3.1
 rich==13.4.2
 pyarrow==12.0.0; platform_machine != 'armv7l'