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World Interest Rates

Central bank policy rates ยท World benchmarks

Federal ReserveUSD

5.50%

Unchanged

Next Meeting

June 12, 2024

ECBEUR

4.50%

Unchanged

Next Meeting

June 6, 2024

Bank of EnglandGBP

5.25%

Unchanged

Next Meeting

June 20, 2024

Bank of JapanJPY

0.10%

+0.20% Change

Next Meeting

June 14, 2024

World Interest Rates

Country / RegionCentral BankCurrent RateNext MeetingLast Changed
๐Ÿ‡บ๐Ÿ‡ธUnited States
Federal Reserve (Fed)5.50%Jun 12, 2024Jul 26, 2023
๐Ÿ‡ช๐Ÿ‡บEurozone
European Central Bank (ECB)4.50%Jun 06, 2024Sep 14, 2023
๐Ÿ‡ฌ๐Ÿ‡งUnited Kingdom
Bank of England (BoE)5.25%Jun 20, 2024Aug 03, 2023
๐Ÿ‡จ๐Ÿ‡ฆCanada
Bank of Canada (BoC)5.00%Jun 05, 2024Jul 12, 2023
๐Ÿ‡ฆ๐Ÿ‡บAustralia
Reserve Bank of Australia (RBA)4.35%Jun 18, 2024Nov 07, 2023
๐Ÿ‡ณ๐Ÿ‡ฟNew Zealand
Reserve Bank of NZ (RBNZ)5.50%Jul 10, 2024May 24, 2023
๐Ÿ‡จ๐Ÿ‡ญSwitzerland
Swiss National Bank (SNB)1.50%Jun 20, 2024Mar 21, 2024
๐Ÿ‡ฏ๐Ÿ‡ตJapan
Bank of Japan (BoJ)0.10%Jun 14, 2024Mar 19, 2024
๐Ÿ‡จ๐Ÿ‡ณChina
People's Bank of China (PBoC)3.45%Jun 20, 2024Aug 21, 2023
๐Ÿ‡ฎ๐Ÿ‡ณIndia
Reserve Bank of India (RBI)6.50%Jun 07, 2024Feb 08, 2023
๐Ÿ‡ธ๐Ÿ‡ฆSaudi Arabia
Saudi Central Bank (SAMA)6.00%Jun 12, 2024Jul 26, 2023
๐Ÿ‡น๐Ÿ‡ทTรผrkiye
Central Bank of Tรผrkiye (CBRT)50.00%Jun 27, 2024Mar 21, 2024
๐Ÿ‡ฟ๐Ÿ‡ฆSouth Africa
South African Reserve Bank (SARB)8.25%Jul 18, 2024May 25, 2023
๐Ÿ‡ง๐Ÿ‡ทBrazil
Banco Central do Brasil (BCB)10.50%Jun 19, 2024May 08, 2024

Policy Trajectory

Hawkish Tilt

Stronger economy/inflation

Neutral / Pause

Waiting for data clarity

Dovish Shift

Recession risks mounting

Latest Policy Notes

2 hours ago ยท Federal Reserve

Powell emphasizes โ€œpatienceโ€ as inflation progress stalls in Q1.

5 hours ago ยท ECB

Lagarde hints at potential June cut if wage growth remains moderate.

Yesterday ยท Bank of Japan

Ueda leaves door open for further hikes as JPY weakness persists.

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