The benchmark interest rate in the United States was last recorded at 4 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in India was last recorded at 5.50 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

From 2003 to 2025, the central banks of the United States, United Kingdom, and European Union exhibited remarkably similar interest rate patterns, reflecting shared global economic conditions. In the early 2000s, rates were initially low to stimulate growth, then increased as economies showed signs of overheating prior to 2008. The financial crisis that year prompted sharp rate cuts to near-zero levels, which persisted for an extended period to support economic recovery. The COVID-19 pandemic in 2020 led to further rate reductions to historic lows, aiming to mitigate economic fallout. However, surging inflation in 2022 triggered a dramatic policy shift, with the Federal Reserve, Bank of England, and European Central Bank significantly raising rates to curb price pressures. As inflation stabilized in late 2023 and early 2024, the ECB and Bank of England initiated rate cuts by mid-2024. Moreover, the Federal Reserve also implemented its first cut in three years, with forecasts suggesting a gradual decrease in all major interest rates between 2025 and 2026. Divergent approaches within the European Union While the ECB sets a benchmark rate for the Eurozone, individual EU countries have adopted diverse strategies to address their unique economic circumstances. For instance, Hungary set the highest rate in the EU at 13 percent in September 2023, gradually reducing it to 6.5 percent by October 2024. In contrast, Sweden implemented more aggressive cuts, lowering its rate to 2.15 percent by October 2025, the lowest among EU members. These variations highlight the complex economic landscape that European central banks must navigate, balancing inflation control with economic growth support. Global context and future outlook The interest rate changes in major economies have had far-reaching effects on global financial markets. Government bond yields, for example, reflect these policy shifts and investor sentiment. As of October 2025, the United States had the highest 10-year government bond yield among developed economies at 4.09 percent, while Switzerland had the lowest at 0.27 percent. These rates serve as important benchmarks for borrowing costs and economic expectations worldwide.

Graph and download economic data for Overnight Bank Funding Rate (OBFR) from 2016-03-01 to 2025-12-01 about ibf, overnight, percentile, banks, depository institutions, rate, and USA.

Repo Rate data was reported at 5.500 % pa in 02 Dec 2025. This stayed constant from the previous number of 5.500 % pa for 01 Dec 2025. Repo Rate data is updated daily, averaging 4.000 % pa from Apr 2001 (Median) to 02 Dec 2025, with 8986 observations. The data reached an all-time high of 6.750 % pa in 04 Apr 2016 and a record low of 4.000 % pa in 03 May 2022. Repo Rate data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Lending Rates – Table IN.MB: Bank Interest Rate. [COVID-19-IMPACT]

Graph and download economic data for Bank Prime Loan Rate Changes: Historical Dates of Changes and Rates (PRIME) from 1955-08-04 to 2025-10-30 about prime, loans, interest rate, banks, depository institutions, interest, rate, and USA.

August 2024 marked a significant shift in the UK's monetary policy, as it saw the first reduction in the official bank base interest rate since August 2023. This change came after a period of consistent rate hikes that began in late 2021. In a bid to minimize the economic effects of the COVID-19 pandemic, the Bank of England cut the official bank base rate in March 2020 to a record low of *** percent. This historic low came just one week after the Bank of England cut rates from **** percent to **** percent in a bid to prevent mass job cuts in the United Kingdom. It remained at *** percent until December 2021 and was increased to one percent in May 2022 and to **** percent in October 2022. After that, the bank rate increased almost on a monthly basis, reaching **** percent in August 2023. It wasn't until August 2024 that the first rate decrease since the previous year occurred, signaling a potential shift in monetary policy. Why do central banks adjust interest rates? Central banks, including the Bank of England, adjust interest rates to manage economic stability and control inflation. Their strategies involve a delicate balance between two main approaches. When central banks raise interest rates, their goal is to cool down an overheated economy. Higher rates curb excessive spending and borrowing, which helps to prevent runaway inflation. This approach is typically used when the economy is growing too quickly or when inflation is rising above desired levels. Conversely, when central banks lower interest rates, they aim to encourage borrowing and investment. This strategy is employed to stimulate economic growth during periods of slowdown or recession. Lower rates make it cheaper for businesses and individuals to borrow money, which can lead to increased spending and investment. This dual approach allows central banks to maintain a balance between promoting growth and controlling inflation, ensuring long-term economic stability. Additionally, adjusting interest rates can influence currency values, impacting international trade and investment flows, further underscoring their critical role in a nation's economic health. Recent interest rate trends Between 2021 and 2025, most advanced and emerging economies experienced a period of regular interest rate hikes. This trend was driven by several factors, including persistent supply chain disruptions, high energy prices, and robust demand pressures. These elements combined to create significant inflationary trends, prompting central banks to raise rates to temper spending and borrowing. However, in 2024, a shift began to occur in global monetary policy. The European Central Bank (ECB) was among the first major central banks to reverse this trend by cutting interest rates. This move signaled a change in approach aimed at addressing growing economic slowdowns and supporting growth.

Key information about United States Bank Lending Rate

• United States Bank Lending Rate was reported at 7.000 % pa in Nov 2025.
• This stayed constant from the previous number of 7.000 % pa for Nov 2025.
• US Bank Lending Rate data is updated daily, averaging 3.250 % pa from Aug 1955 to 27 Nov 2025, with 25684 observations.
• The data reached an all-time high of 8.500 % pa in 18 Sep 2024 and a record low of 3.250 % pa in 16 Mar 2022.
• US Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Daily.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for India (IRSTCB01INQ156N) from Q1 1968 to Q4 2023 about overnight, India, interest rate, banks, depository institutions, interest, and rate.

View market daily updates and historical trends for US Bank Prime Loan Rate. from United States. Source: Federal Reserve. Track economic data with YCharts…

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Bank Bills: Total for New Zealand (IR3TBB01NZA156N) from 1974 to 2023 about New Zealand, bills, 3-month, yield, interest rate, banks, depository institutions, interest, and rate.

RBI Operations: Marginal Standing Facility: Rate data was reported at 5.750 % pa in 02 Dec 2025. This stayed constant from the previous number of 5.750 % pa for 01 Dec 2025. RBI Operations: Marginal Standing Facility: Rate data is updated daily, averaging 4.250 % pa from May 2011 (Median) to 02 Dec 2025, with 5322 observations. The data reached an all-time high of 7.750 % pa in 04 Apr 2016 and a record low of 4.250 % pa in 03 May 2022. RBI Operations: Marginal Standing Facility: Rate data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Monetary – Table IN.MB: Bank Interest Rate. [COVID-19-IMPACT]

Graph and download economic data for Bank Rates on Business Loans for New York, NY (Q13004US35620Q156NNBR) from Q2 1948 to Q4 1959 about New York, NY, business, loans, banks, depository institutions, rate, and USA.

The dataset contains year- and month-wise compiled data on policy rates fixed by Reserve Bank of India (RBI) for various financial policy and securities. These include data relating to Policy Repo Rate, Reverse Repo Rate, Marginal Standing Facility (MSF) Rate, Bank Rate, Base Rate, MCLR (Overnight), Term Deposit Rate greater than Year, Savings Deposit Rate, Call Money Rate (Weighted Average), 91, 182, 654-Day Treasury Bill (Primary) Yield, 10-Year G-Sec Par Yield (FBIL), etc.

Notes:

1. Repo rate is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds
2. Reverse Repo rate is the rate at which the RBI borrows money from commercial banks in the event of any shortfall of funds
3. Standing Deposit Facility is an overnight deposit facility that allows banks to park excess liquidity (money) and earn interest
4. Marginal Standing Facility rate is the interest rate at which RBI provides money to the scheduled commercial banks who are facing acute shortage of liquidity
5. The call money rate is the benchmark interest rate that banks charge brokers who are borrowing the money to fund margin loans. The call money rate, also known as the broker loan rate, typically isn't available to individuals, instead, investors pay the call money rate plus a service fee on a margin account.
6. Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by the Government of India and are presently issued in three tenors, namely, 91 days, 182 days and 364 days.
7. Government Securities (G-sec_ yield is a method to evaluate the broader trend of interest rates in the economy
8. Marginal Cost of Funds-based Lending Rate (MCLR) is the minimum rate at which a bank can lend to its customers on certain loans

Policy interest rates in the U.S. and Europe are forecasted to decrease gradually between 2024 and 2027, following exceptional increases triggered by soaring inflation between 2021 and 2023. The U.S. federal funds rate stood at **** percent at the end of 2023, the European Central Bank deposit rate at **** percent, and the Swiss National Bank policy rate at **** percent. With inflationary pressures stabilizing, policy interest rates are forecast to decrease in each observed region. The U.S. federal funds rate is expected to decrease to *** percent, the ECB refi rate to **** percent, the Bank of England bank rate to **** percent, and the Swiss National Bank policy rate to **** percent by 2025. An interesting aspect to note is the impact of these interest rate changes on various economic factors such as growth, employment, and inflation. The impact of central bank policy rates The U.S. federal funds effective rate, crucial in determining the interest rate paid by depository institutions, experienced drastic changes in response to the COVID-19 pandemic. The subsequent slight changes in the effective rate reflected the efforts to stimulate the economy and manage economic factors such as inflation. Such fluctuations in the federal funds rate have had a significant impact on the overall economy. The European Central Bank's decision to cut its fixed interest rate in June 2024 for the first time since 2016 marked a significant shift in attitude towards economic conditions. The reasons behind the fluctuations in the ECB's interest rate reflect its mandate to ensure price stability and manage inflation, shedding light on the complex interplay between interest rates and economic factors. Inflation and real interest rates The relationship between inflation and interest rates is critical in understanding the actions of central banks. Central banks' efforts to manage inflation through interest rate adjustments reveal the intricate balance between economic growth and inflation. Additionally, the concept of real interest rates, adjusted for inflation, provides valuable insights into the impact of inflation on the economy.

The benchmark interest rate in Sweden was last recorded at 1.75 percent. This dataset provides the latest reported value for - Sweden Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In June 2025, the repo rate set by Reserve Bank of India stood at *** percent. In May 2022, the repo rate was *** percent, after which it spiked continuously until 2025. The repo rate is defined as the rate at which the central bank of a country, in this case the Reserve Bank of India (RBI), lends money to commercial banks in case of lack of funds.

The benchmark interest rate in Turkey was last recorded at 39.50 percent. This dataset provides the latest reported value for - Turkey Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The dataset shows Bank Rate, Fix Range LAF Rates, Cash Reserve Ratio, Marginal Standing Facility, Statutory Liquidity Ratio

Note: 1. Cash reserve ratio is as prescribed under Section 42(1) of the RBI Act, 1934. Statutory Liquidity Ratio is as prescribed under Section 24 of the Banking Regulation Act, 1949. 2. The Liquidity Adjustment Facility (LAF) system was operating on 'auction-based variable rate' during the period from April 27, 2001 to March 28, 2004, and moved to 'fixed rate' mode from March 29, 2004. 3. Till October 28, 2004, nomenclature of repo indicated absorption of liquidity and reverse repo meant injection of liquidity by the Reserve Bank. However, with effect from October 29, 2004 nomenclature of repo and reverse repo has been interchanged as per international usage. The current nomenclature is followed in this Table. 4. Since May 3, 2011 the repo rate is the single independently varying policy rate. The reverse repo rate is linked to the repo rate and was pegged at a 100 basis points below the repo rate. The peg was brought down to 50 basis points w.e.f. April 5, 2016. since April 6,2017 the rate is pegged at a 25 basis points below the repo rate. Since March 27, 2020 the reverse repo rate was adjusted to 40 basis point below the repo rate and w.e.f April 17, 2020, it is pegged to a 65 basis points below the repo rate. 5. Standing Deposit Facility (SDF) was introduced on April 08, 2022 at 3.75 percent. The SDF rate is placed at 25 basis points below the policy repo rate and has replaced the fixed reverse repo rate as the floor of the LAF corridor since April 8, 2022. 6. The Marginal Standing Facility (MSF) was introduced from the fortnight beginning May 7, 2011. Under the MSF, scheduled commercial banks could borrow overnight up to one percent of their respective NDTL below the prescribed SLR, at a rate determined with a spread of 100 basis points above the repo rate. The borrowing limit was raised to up to two percent below the prescribed SLR on April 17, 2012. This limit was temporarily increased to three percent on March 27, 2020 for a period up to June 30, 2020 and subsequently extended up to September 30, 2020. The increased limit was further extended till September 30, 2021 on February 05, 2021 and then to December 31, 2021 on August 06, 2021. The spread of the MSF above the repo rate was increased to 300 basis points on July 15, 2013. The spread was narrowed to 200 basis points on September 20, 2013 and further to 150 basis points on October 7, 2013 before being restored to 100 basis points on October 29, 2013. The spread was reduced further to 50 basis points on April 5, 2016. The present spread w.e.f. April 6, 2017 is 25 basis points above the repo rate.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Russia (IRSTCB01RUM156N) from Jan 1995 to Oct 2023 about Russia, overnight, interest rate, banks, depository institutions, interest, and rate.