Global Central Banks Rates
A country’s central bank rate (discount rate) is the rate at which commercial banks can borrow money from the central bank, in turn affecting borrowing costs across the country. The interest rate is the most important conventional monetary policy tool at the disposal of the central bank.
The central bank interest rates affect the Foreign exchange, Bonds and Equity markets and are closely followed by investors.
We have summarized a global overview of the central bank interest rates, with the option to dive in and explore the interest rate history of each country across the world.
Major Central Banks
| Bank | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
U.S. Federal Reserve (The Fed) | 1.75% | Dec 11, 2019 | -0.25% - Oct 2019 | |
European Central Bank (ECB) | 0% | Dec 12, 2019 | -0.05% - Mar 2016 | |
Bank of England (BoE) | 0.75% | Dec 19, 2019 | +0.25% - Aug 2018 | |
Bank of Japan (BoJ) | -0.1% | Dec 19, 2019 | -0.1% - Jan 2016 | |
Swiss National Bank (SNB) | -0.75% | Dec 12, 2019 | -0.5% - Jan 2015 | |
Bank of Canada (BoC) | 1.75% | Dec 4, 2019 | +0.25% - Oct 2018 | |
Reserve Bank of Australia (RBA) | 0.75% | Dec 3, 2019 | -0.25% - Oct 2019 | |
Reserve Bank of New Zealand (RBNZ) | 1% | Feb 12, 2020 | -0.5% - Aug 2019 |
Emerging Markets Central Banks
| Bank | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
People's Bank of China (PBoC) | 4.2% | -0.05% - Sep 2019 | ||
Reserve Bank of India (RBI) | 5.15% | Dec 5, 2019 | -0.25% - Oct 2019 | |
Central Bank of Brazil | 5% | Dec 11, 2019 | -0.5% - Oct 2019 | |
Bank of Russia | 6.5% | Dec 13, 2019 | -0.5% - Oct 2019 |
Main Rates Around The World
Explore By Region
| G20 | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
United States | 1.75% | Dec 11, 2019 | -0.25% - Oct 2019 | |
Euro Area | 0% | Dec 12, 2019 | -0.05% - Mar 2016 | |
Australia | 0.75% | Dec 3, 2019 | -0.25% - Oct 2019 | |
China | 4.2% | -0.05% - Sep 2019 | ||
Brazil | 5% | Dec 11, 2019 | -0.5% - Oct 2019 |
| Asia | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
China | 4.2% | -0.05% - Sep 2019 | ||
Japan | -0.1% | Dec 19, 2019 | -0.1% - Jan 2016 | |
India | 5.15% | Dec 5, 2019 | -0.25% - Oct 2019 | |
South Korea | 1.25% | Nov 29, 2019 | -0.25% - Oct 2019 | |
Indonesia | 5% | Nov 21, 2019 | -0.25% - Oct 2019 |
| Europe | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Euro Area | 0% | Dec 12, 2019 | -0.05% - Mar 2016 | |
United Kingdom | 0.75% | Dec 19, 2019 | +0.25% - Aug 2018 | |
Switzerland | -0.75% | Dec 12, 2019 | -0.5% - Jan 2015 | |
Sweden | -0.25% | Dec 19, 2019 | +0.25% - Dec 2018 | |
Russian Federation | 6.5% | Dec 13, 2019 | -0.5% - Oct 2019 |
| North America | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
United States | 1.75% | Dec 11, 2019 | -0.25% - Oct 2019 | |
Canada | 1.75% | Dec 4, 2019 | +0.25% - Oct 2018 | |
Mexico | 7.5% | Dec 19, 2019 | -0.25% - Nov 2019 |
| Pacific | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Australia | 0.75% | Dec 3, 2019 | -0.25% - Oct 2019 | |
New Zealand | 1% | Feb 12, 2020 | -0.5% - Aug 2019 | |
Papua New Guinea | 5.5% | -0.5% - Aug 2019 | ||
Fiji | 0.5% | Nov 28, 2019 | -2% - Jan 2011 | |
New Caledonia | 0.25% | -0.05% - Jun 2016 |
| Middle East | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Saudi Arabia | 2.25% | -0.25% - Oct 2019 | ||
Israel | 0.25% | Nov 25, 2019 | +0.15% - Nov 2018 | |
United Arab Emirates | 2% | -0.25% - Oct 2019 | ||
Iran | 18% | -2% - Aug 2016 | ||
Iraq | 4% | -2% - Mar 2016 |
| South America | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Brazil | 5% | Dec 11, 2019 | -0.5% - Oct 2019 | |
Argentina | 63.009% | -0.04% - Nov 2019 | ||
Colombia | 4.25% | Nov 22, 2019 | -0.25% - Apr 2018 | |
Chile | 1.75% | Dec 6, 2019 | -0.25% - Oct 2019 | |
Peru | 2.25% | Dec 12, 2019 | -0.25% - Nov 2019 |
| Africa | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Nigeria | 13.5% | Nov 26, 2019 | -0.5% - Mar 2019 | |
South Africa | 6.5% | Nov 21, 2019 | -0.25% - Jul 2019 | |
Egypt | 12.25% | Dec 26, 2019 | -1% - Nov 2019 | |
Algeria | 3.75% | +0.25% - May 2017 | ||
Angola | 15.5% | Nov 25, 2019 | -0.25% - May 2019 |
| Central America | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Guatemala | 2.75% | -0.25% - Nov 2017 | ||
Panama | 1.36% | +0.01% - Jul 2018 | ||
Costa Rica | 3.25% | -0.5% - Oct 2019 | ||
El Salvador | 4.39% | +0.08% - Aug 2019 | ||
Honduras | 5.75% | Dec 9, 2019 | +0.25% - Jan 2019 |
| Caribbean | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Dominican Republic | 4.5% | Nov 29, 2019 | -0.25% - Aug 2019 | |
Cuba | 2.25% | |||
Trinidad and Tobago | 5% | Dec 27, 2019 | +0.25% - Jun 2018 | |
Jamaica | 0.5% | Nov 19, 2019 | -0.25% - Aug 2019 | |
Bahamas | 4% | -0.5% - Dec 2016 |