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) | 2.5% | Jul 31, 2019 | +0.25% - Dec 2018 | |
European Central Bank (ECB) | 0% | Jul 25, 2019 | -0.05% - Mar 2016 | |
Bank of England (BoE) | 0.75% | Aug 1, 2019 | +0.25% - Aug 2018 | |
Bank of Japan (BoJ) | -0.1% | Jul 30, 2019 | -0.1% - Jan 2016 | |
Swiss National Bank (SNB) | -0.75% | Sep 19, 2019 | -0.5% - Jan 2015 | |
Bank of Canada (BoC) | 1.75% | Sep 4, 2019 | +0.25% - Oct 2018 | |
Reserve Bank of Australia (RBA) | 1% | Aug 6, 2019 | -0.25% - Jul 2019 | |
Reserve Bank of New Zealand (RBNZ) | 1.5% | Aug 7, 2019 | -0.25% - May 2019 |
Emerging Markets Central Banks
| Bank | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
People's Bank of China (PBoC) | 4.35% | -0.25% - Oct 2015 | ||
Reserve Bank of India (RBI) | 5.75% | Aug 7, 2019 | -0.25% - Jun 2019 | |
Central Bank of Brazil | 6.5% | Jul 31, 2019 | -0.25% - Mar 2018 | |
Bank of Russia | 7.5% | Jul 26, 2019 | -0.25% - Jun 2019 |
Main Rates Around The World
Explore By Region
| G20 | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
United States | 2.5% | Jul 31, 2019 | +0.25% - Dec 2018 | |
Australia | 1% | Aug 6, 2019 | -0.25% - Jul 2019 | |
China | 4.35% | -0.25% - Oct 2015 | ||
Brazil | 6.5% | Jul 31, 2019 | -0.25% - Mar 2018 |
| Asia | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
China | 4.35% | -0.25% - Oct 2015 | ||
Japan | -0.1% | Jul 30, 2019 | -0.1% - Jan 2016 | |
India | 5.75% | Aug 7, 2019 | -0.25% - Jun 2019 | |
South Korea | 1.5% | Aug 30, 2019 | -0.25% - Jul 2019 | |
Indonesia | 5.75% | Aug 22, 2019 | -0.25% - Jul 2019 |
| Europe | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
United Kingdom | 0.75% | Aug 1, 2019 | +0.25% - Aug 2018 | |
Switzerland | -0.75% | Sep 19, 2019 | -0.5% - Jan 2015 | |
Sweden | -0.25% | Sep 5, 2019 | +0.25% - Dec 2018 | |
Russian Federation | 7.5% | Jul 26, 2019 | -0.25% - Jun 2019 |
| North America | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
United States | 2.5% | Jul 31, 2019 | +0.25% - Dec 2018 | |
Canada | 1.75% | Sep 4, 2019 | +0.25% - Oct 2018 | |
Mexico | 8.25% | Aug 15, 2019 | +0.25% - Dec 2018 |
| Pacific | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Australia | 1% | Aug 6, 2019 | -0.25% - Jul 2019 | |
New Zealand | 1.5% | Aug 7, 2019 | -0.25% - May 2019 | |
Papua New Guinea | 6.25% | -0.5% - Mar 2013 | ||
Fiji | 0.5% | Jul 25, 2019 | -2% - Jan 2011 | |
New Caledonia | 0.25% | -0.05% - Jun 2016 |
| Middle East | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Saudi Arabia | 3% | +0.25% - Dec 2018 | ||
Israel | 0.25% | Aug 28, 2019 | +0.15% - Nov 2018 | |
United Arab Emirates | 2.75% | +0.25% - Dec 2018 | ||
Iran | 18% | -2% - Aug 2016 | ||
Iraq | 4% | -2% - Mar 2016 |
| South America | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Brazil | 6.5% | Jul 31, 2019 | -0.25% - Mar 2018 | |
Argentina | 58.8% | -0.03% - Jul 2019 | ||
Colombia | 4.25% | Jul 26, 2019 | -0.25% - Apr 2018 | |
Chile | 2.5% | Jul 18, 2019 | -0.5% - Jun 2019 | |
Peru | 2.75% | Aug 8, 2019 | -0.25% - Mar 2018 |
| Africa | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Nigeria | 13.5% | Jul 23, 2019 | -0.5% - Mar 2019 | |
South Africa | 6.75% | Jul 18, 2019 | +0.25% - Nov 2018 | |
Egypt | 15.75% | Aug 22, 2019 | -1% - Feb 2019 | |
Algeria | 3.75% | +0.25% - May 2017 | ||
Angola | 15.5% | Jul 26, 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 | 4.5% | -0.25% - Jun 2019 | ||
El Salvador | 4.24% | -0.07% - Apr 2019 | ||
Honduras | 5.75% | Aug 5, 2019 | +0.25% - Jan 2019 |
| Caribbean | Rate | Next Meeting | Last Change | |
|---|---|---|---|---|
Dominican Republic | 5% | Jul 30, 2019 | -0.5% - Jun 2019 | |
Cuba | 2.25% | |||
Trinidad and Tobago | 5% | +0.25% - Jun 2018 | ||
Jamaica | 0.75% | Aug 27, 2019 | -0.5% - May 2019 | |
Bahamas | 4% | -0.5% - Dec 2016 |