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) | 2.25% | Sep 18, 2019 | -0.25% - Jul 2019 | |
European Central Bank (ECB) | 0% | Oct 24, 2019 | -0.05% - Mar 2016 | |
Bank of England (BoE) | 0.75% | Sep 19, 2019 | +0.25% - Aug 2018 | |
Bank of Japan (BoJ) | -0.1% | Sep 19, 2019 | -0.1% - Jan 2016 | |
Swiss National Bank (SNB) | -0.75% | Sep 19, 2019 | -0.5% - Jan 2015 | |
Bank of Canada (BoC) | 1.75% | Oct 30, 2019 | +0.25% - Oct 2018 | |
Reserve Bank of Australia (RBA) | 1% | Oct 1, 2019 | -0.25% - Jul 2019 | |
Reserve Bank of New Zealand (RBNZ) | 1% | Sep 25, 2019 | -0.5% - Aug 2019 |
Emerging Markets Central Banks
| Bank | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
People's Bank of China (PBoC) | 4.25% | -0.06% - Aug 2019 | ||
Reserve Bank of India (RBI) | 5.4% | Oct 4, 2019 | -0.35% - Aug 2019 | |
Central Bank of Brazil | 6% | Sep 18, 2019 | -0.5% - Jul 2019 | |
Bank of Russia | 7% | Oct 25, 2019 | -0.25% - Sep 2019 |
Main Rates Around The World
Explore By Region
| G20 | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
United States | 2.25% | Sep 18, 2019 | -0.25% - Jul 2019 | |
Euro Area | 0% | Oct 24, 2019 | -0.05% - Mar 2016 | |
Australia | 1% | Oct 1, 2019 | -0.25% - Jul 2019 | |
China | 4.25% | -0.06% - Aug 2019 | ||
Brazil | 6% | Sep 18, 2019 | -0.5% - Jul 2019 |
| Asia | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
China | 4.25% | -0.06% - Aug 2019 | ||
Japan | -0.1% | Sep 19, 2019 | -0.1% - Jan 2016 | |
India | 5.4% | Oct 4, 2019 | -0.35% - Aug 2019 | |
South Korea | 1.5% | Oct 16, 2019 | -0.25% - Jul 2019 | |
Indonesia | 5.5% | Sep 19, 2019 | -0.25% - Aug 2019 |
| Europe | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Euro Area | 0% | Oct 24, 2019 | -0.05% - Mar 2016 | |
United Kingdom | 0.75% | Sep 19, 2019 | +0.25% - Aug 2018 | |
Switzerland | -0.75% | Sep 19, 2019 | -0.5% - Jan 2015 | |
Sweden | -0.25% | Oct 24, 2019 | +0.25% - Dec 2018 | |
Russian Federation | 7% | Oct 25, 2019 | -0.25% - Sep 2019 |
| North America | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
United States | 2.25% | Sep 18, 2019 | -0.25% - Jul 2019 | |
Canada | 1.75% | Oct 30, 2019 | +0.25% - Oct 2018 | |
Mexico | 8% | Sep 26, 2019 | -0.25% - Aug 2019 |
| Pacific | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Australia | 1% | Oct 1, 2019 | -0.25% - Jul 2019 | |
New Zealand | 1% | Sep 25, 2019 | -0.5% - Aug 2019 | |
Papua New Guinea | 5.5% | -0.5% - Aug 2019 | ||
Fiji | 0.5% | Sep 26, 2019 | -2% - Jan 2011 | |
New Caledonia | 0.25% | -0.05% - Jun 2016 |
| Middle East | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Saudi Arabia | 2.75% | -0.25% - Jul 2019 | ||
Israel | 0.25% | Oct 7, 2019 | +0.15% - Nov 2018 | |
United Arab Emirates | 2.5% | -0.25% - Jul 2019 | ||
Iran | 18% | -2% - Aug 2016 | ||
Iraq | 4% | -2% - Mar 2016 |
| South America | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Brazil | 6% | Sep 18, 2019 | -0.5% - Jul 2019 | |
Argentina | 85.991% | 0% - Sep 2019 | ||
Colombia | 4.25% | Sep 27, 2019 | -0.25% - Apr 2018 | |
Chile | 2% | Oct 23, 2019 | -0.5% - Sep 2019 | |
Peru | 2.5% | Oct 10, 2019 | -0.25% - Aug 2019 |
| Africa | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Nigeria | 13.5% | Sep 24, 2019 | -0.5% - Mar 2019 | |
South Africa | 6.5% | Sep 19, 2019 | -0.25% - Jul 2019 | |
Egypt | 14.25% | Sep 26, 2019 | -1.5% - Aug 2019 | |
Algeria | 3.75% | +0.25% - May 2017 | ||
Angola | 15.5% | Sep 27, 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 | 4% | -0.5% - Jul 2019 | ||
El Salvador | 4.31% | -0.01% - Jul 2019 | ||
Honduras | 5.75% | Sep 23, 2019 | +0.25% - Jan 2019 |
| Caribbean | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Dominican Republic | 4.5% | Sep 30, 2019 | -0.25% - Aug 2019 | |
Cuba | 2.25% | |||
Trinidad and Tobago | 5% | Sep 27, 2019 | +0.25% - Jun 2018 | |
Jamaica | 0.5% | Sep 30, 2019 | -0.25% - Aug 2019 | |
Bahamas | 4% | -0.5% - Dec 2016 |