The benchmark interest rate in the United States was last recorded at 4.50 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.

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 Brazil was last recorded at 15 percent. This dataset provides - Brazil Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key Interest Rate: Central Banks data was reported at 23.750 % in 2026. This records a decrease from the previous number of 42.500 % for 2025. Key Interest Rate: Central Banks data is updated yearly, averaging 15.813 % from Dec 2002 (Median) to 2026, with 25 observations. The data reached an all-time high of 50.000 % in 2024 and a record low of 4.750 % in 2013. Key Interest Rate: Central Banks 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 Turkey – Table TR.OECD.EO: Interest Rate: Forecast: OECD Member: Annual.

Japan Key Interest Rate: Central Banks data was reported at 1.250 % in 2026. This records an increase from the previous number of 0.750 % for 2025. Japan Key Interest Rate: Central Banks data is updated yearly, averaging 0.100 % from Dec 1988 (Median) to 2026, with 39 observations. The data reached an all-time high of 5.625 % in 1990 and a record low of -0.100 % in 2023. Japan Key Interest Rate: Central Banks 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 Japan – Table JP.OECD.EO: Interest Rate: Forecast: OECD Member: Annual.

Key Interest Rate: Central Banks data was reported at 6.000 % in Dec 2026. This records a decrease from the previous number of 6.250 % for Sep 2026. Key Interest Rate: Central Banks data is updated quarterly, averaging 5.750 % from Jun 2008 (Median) to Dec 2026, with 75 observations. The data reached an all-time high of 11.250 % in Dec 2023 and a record low of 3.000 % in Sep 2015. Key Interest Rate: Central Banks 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 Mexico – Table MX.OECD.EO: Interest Rate: Forecast: OECD Member: Quarterly.

China Short-Term Interest Rate data was reported at 4.100 % in Dec 2026. This stayed constant from the previous number of 4.100 % for Sep 2026. China Short-Term Interest Rate data is updated quarterly, averaging 5.580 % from Mar 1993 (Median) to Dec 2026, with 136 observations. The data reached an all-time high of 12.060 % in Mar 1996 and a record low of 4.100 % in Dec 2026. China Short-Term Interest Rate 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 China – Table CN.OECD.EO: Interest Rate: Forecast: Non OECD Member: Quarterly. IRS - Short-term interest rate; China Lending Rate 6 Months to 1 Year

Real interest rate (%) in Chile was reported at 2.5473 % in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Chile - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Forecast: Bank Lending Interest Rate in the US 2022 - 2026 Discover more data with ReportLinker!

Turkey Short-Term Interest Rate data was reported at 22.011 % in Dec 2026. This stayed constant from the previous number of 22.011 % for Sep 2026. Turkey Short-Term Interest Rate data is updated quarterly, averaging 16.011 % from Dec 2002 (Median) to Dec 2026, with 97 observations. The data reached an all-time high of 52.011 % in Mar 2025 and a record low of 5.879 % in Mar 2013. Turkey Short-Term Interest Rate 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 Turkey – Table TR.OECD.EO: Interest Rate: Forecast: OECD Member: Quarterly. None

Key Interest Rate: Central Banks data was reported at 7.250 % in Dec 2026. This stayed constant from the previous number of 7.250 % for Sep 2026. Key Interest Rate: Central Banks data is updated quarterly, averaging 7.000 % from Mar 2000 (Median) to Dec 2026, with 108 observations. The data reached an all-time high of 13.500 % in Mar 2003 and a record low of 3.500 % in Sep 2021. Key Interest Rate: Central Banks 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 South Africa – Table ZA.OECD.EO: Interest Rate: Forecast: Non OECD Member: Quarterly.

Key Interest Rate: Central Banks data was reported at 2.000 % in Dec 2026. This stayed constant from the previous number of 2.000 % for Sep 2026. Key Interest Rate: Central Banks data is updated quarterly, averaging 1.000 % from Mar 1999 (Median) to Dec 2026, with 112 observations. The data reached an all-time high of 4.000 % in Mar 2024 and a record low of -0.500 % in Jun 2022. Key Interest Rate: Central Banks 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 Greece – Table GR.OECD.EO: Interest Rate: Forecast: OECD Member: Quarterly.

The 10-year treasury constant maturity rate in the U.S. is forecast to increase by *** percentage points by 2027, while the 30-year fixed mortgage rate is expected to fall by *** percentage points. From *** percent in 2024, the average 30-year mortgage rate is projected to reach *** percent in 2027.

Forecast: Bank Lending Interest Rate in Mexico 2022 - 2026 Discover more data with ReportLinker!

Key Interest Rate: Central Banks data was reported at 2.250 % in Dec 2026. This stayed constant from the previous number of 2.250 % for Sep 2026. Key Interest Rate: Central Banks data is updated quarterly, averaging 2.250 % from Sep 1994 (Median) to Dec 2026, with 130 observations. The data reached an all-time high of 8.910 % in Dec 1995 and a record low of -0.500 % in Sep 2018. Key Interest Rate: Central Banks 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 Sweden – Table SE.OECD.EO: Interest Rate: Forecast: OECD Member: Quarterly.

The benchmark interest rate in Sweden was last recorded at 2 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.

Forecast: Bank Lending Interest Rate in Japan 2022 - 2026 Discover more data with ReportLinker!

South Korea Long-Term Interest Rate: Government Bonds data was reported at 2.870 % in 2026. This records an increase from the previous number of 2.850 % for 2025. South Korea Long-Term Interest Rate: Government Bonds data is updated yearly, averaging 5.351 % from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 16.462 % in 1991 and a record low of 1.500 % in 2020. South Korea Long-Term Interest Rate: Government Bonds 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 South Korea – Table KR.OECD.EO: Interest Rate: Forecast: OECD Member: Annual. IRL - Long-term interest rate on government bonds; Yields on Treasury Bonds with a maturity of 10 years.

Forecast: Bank Lending Interest Rate in China 2022 - 2026 Discover more data with ReportLinker!