Interbank Rate In the Euro Area increased to 1.96 percent on Friday June 6 from 1.95 in the previous day. This dataset provides - Euro Area Three Month nterbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

ECB Projection: EURIBOR: 3 Month data was reported at 0.000 % in 2021. This records an increase from the previous number of -0.200 % for 2020. ECB Projection: EURIBOR: 3 Month data is updated yearly, averaging -0.250 % from Dec 2018 (Median) to 2021, with 4 observations. The data reached an all-time high of 0.000 % in 2021 and a record low of -0.300 % in 2019. ECB Projection: EURIBOR: 3 Month data remains active status in CEIC and is reported by European Central Bank. The data is categorized under Global Database’s European Union – Table EU.M012: European Central Bank: Euro Interbank Offered Rate: Projection.

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 5.38 percent at the end of 2023, the European Central Bank deposit rate at four percent, and the Swiss National Bank policy rate at 1.75 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 3.5 percent, the ECB refi rate to 2.65 percent, the Bank of England bank rate to 3.33 percent, and the Swiss National Bank policy rate to 0.75 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.

Netherlands Money Market Rate: Term Loans: Euribor: 12 Months data was reported at -0.147 % pa in Nov 2018. This records an increase from the previous number of -0.154 % pa for Oct 2018. Netherlands Money Market Rate: Term Loans: Euribor: 12 Months data is updated monthly, averaging 2.144 % pa from Jan 1999 (Median) to Nov 2018, with 239 observations. The data reached an all-time high of 5.393 % pa in Jul 2008 and a record low of -0.191 % pa in Mar 2018. Netherlands Money Market Rate: Term Loans: Euribor: 12 Months data remains active status in CEIC and is reported by De Nederlandsche Bank. The data is categorized under Global Database’s Netherlands – Table NL.M004: Money Market Interest Rates.

LU: Short-Term Interest Rate: Double Hit Scenario data was reported at -0.399 % in 2021. This records an increase from the previous number of -0.401 % for 2020. LU: Short-Term Interest Rate: Double Hit Scenario data is updated yearly, averaging 4.408 % from Dec 1960 (Median) to 2021, with 62 observations. The data reached an all-time high of 15.271 % in 1981 and a record low of -0.401 % in 2020. LU: Short-Term Interest Rate: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.EO: Interest Rate: Forecast: OECD Member: Annual. IRS - Short-term interest rate Short-term interest:https://stats.oecd.org/glossary/detail.asp?ID=1394; 3-month EURIBOR from 1999 on. Previously 3-month Treasury certificate rate (Belgo-Lux)