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% | Jan 29, 2020 | -0.25% - Oct 2019 | |
European Central Bank (ECB) | 0% | Jan 23, 2020 | -0.05% - Mar 2016 | |
Bank of England (BoE) | 0.75% | Jan 30, 2020 | +0.25% - Aug 2018 | |
Bank of Japan (BoJ) | -0.1% | Jan 21, 2020 | -0.1% - Jan 2016 | |
Swiss National Bank (SNB) | -0.75% | Mar 19, 2020 | -0.5% - Jan 2015 | |
Bank of Canada (BoC) | 1.75% | Jan 22, 2020 | +0.25% - Oct 2018 | |
Reserve Bank of Australia (RBA) | 0.75% | Feb 4, 2020 | -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) | 4.15% | -0.05% - Nov 2019 | ||
Reserve Bank of India (RBI) | 5.15% | Feb 6, 2020 | -0.25% - Oct 2019 | |
Central Bank of Brazil | 4.5% | Feb 5, 2020 | -0.5% - Dec 2019 | |
Bank of Russia | 6.25% | Feb 7, 2020 | -0.25% - Dec 2019 |
Main Rates Around The World
Explore By Region
| G20 | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
United States | 1.75% | Jan 29, 2020 | -0.25% - Oct 2019 | |
Euro Area | 0% | Jan 23, 2020 | -0.05% - Mar 2016 | |
Australia | 0.75% | Feb 4, 2020 | -0.25% - Oct 2019 | |
China | 4.15% | -0.05% - Nov 2019 | ||
Brazil | 4.5% | Feb 5, 2020 | -0.5% - Dec 2019 |
| Asia | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
China | 4.15% | -0.05% - Nov 2019 | ||
Japan | -0.1% | Jan 21, 2020 | -0.1% - Jan 2016 | |
India | 5.15% | Feb 6, 2020 | -0.25% - Oct 2019 | |
South Korea | 1.25% | Feb 27, 2020 | -0.25% - Oct 2019 | |
Indonesia | 5% | Jan 23, 2020 | -0.25% - Oct 2019 |
| Europe | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Euro Area | 0% | Jan 23, 2020 | -0.05% - Mar 2016 | |
United Kingdom | 0.75% | Jan 30, 2020 | +0.25% - Aug 2018 | |
Switzerland | -0.75% | Mar 19, 2020 | -0.5% - Jan 2015 | |
Sweden | 0% | Feb 12, 2020 | +0.25% - Dec 2019 | |
Russian Federation | 6.25% | Feb 7, 2020 | -0.25% - Dec 2019 |
| North America | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
United States | 1.75% | Jan 29, 2020 | -0.25% - Oct 2019 | |
Canada | 1.75% | Jan 22, 2020 | +0.25% - Oct 2018 | |
Mexico | 7.25% | Feb 13, 2020 | -0.25% - Dec 2019 |
| Pacific | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Australia | 0.75% | Feb 4, 2020 | -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% | Feb 1, 2020 | -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% | Feb 24, 2020 | +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 | 4.5% | Feb 5, 2020 | -0.5% - Dec 2019 | |
Argentina | 52% | -3% - Jan 2020 | ||
Colombia | 4.25% | Jan 31, 2020 | -0.25% - Apr 2018 | |
Chile | 1.75% | Jan 29, 2020 | -0.25% - Oct 2019 | |
Peru | 2.25% | Feb 13, 2020 | -0.25% - Nov 2019 |
| Africa | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Nigeria | 13.5% | Jan 24, 2020 | -0.5% - Mar 2019 | |
South Africa | 6.25% | Mar 19, 2020 | -0.25% - Jan 2020 | |
Egypt | 12.25% | Feb 20, 2020 | -1% - Nov 2019 | |
Algeria | 3.75% | +0.25% - May 2017 | ||
Angola | 15.5% | Jan 27, 2020 | -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 | 4.36% | -0.03% - Sep 2019 | ||
Honduras | 5.5% | -0.25% - Dec 2019 |
| Caribbean | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Dominican Republic | 4.5% | Feb 3, 2020 | -0.25% - Aug 2019 | |
Cuba | 2.25% | |||
Trinidad and Tobago | 5% | Mar 27, 2020 | +0.25% - Jun 2018 | |
Jamaica | 0.5% | Feb 19, 2020 | -0.25% - Aug 2019 | |
Bahamas | 4% | -0.5% - Dec 2016 |