The benchmark interest rate in Mexico was last recorded at 9.50 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates. In 2024, Brazil's Central Bank set the monetary policy rate at 10.8 percent, down from 13.3 percent in the previous year.

The deposit interest rate in Croatia decreased by 0.2 percentage points (-13.16 percent) in 2014 in comparison to the previous year. This marks the lowest deposit interest rate during the observed period. The deposit interest rate is paid by financial institutions to deposit account holders.Find more statistics on other topics about Croatia with key insights such as ratio of non-performing loans (NLP) to total gross loans, broad money annual growth rate, and ratio of bank capital and reserves to total assets.

Mortgage rates increased at a record pace in 2022, with the 10-year fixed mortgage rate doubling between March 2022 and December 2022. With inflation increasing, the Bank of England introduced several bank rate hikes, resulting in higher mortgage rates. In September 2023, the average 10-year fixed rate interest rate reached 5.1 percent. As borrowing costs get higher, demand for housing is expected to decrease, leading to declining market sentiment and slower house price growth. How have the mortgage hikes affected the market? After surging in 2021, the number of residential properties sold declined in 2022, reaching close to 1.3 million. Despite the number of transactions falling, this figure was higher than the period before the COVID-10 pandemic. The falling transaction volume also impacted mortgage borrowing. Between the first quarter of 2023 and the first quarter of 2024, the value of new mortgage loans fell year-on-year for fourth straight quarters in a row. How are higher mortgages affecting homebuyers? Homeowners with a mortgage loan usually lock in a fixed rate deal for two to ten years, meaning that after this period runs out, they need to renegotiate the terms of the loan. Many of the mortgages outstanding were taken out during the period of record-low mortgage rates and have since faced notable increases in their monthly repayment. About five million homeowners are projected to see their deal expire by the end of 2026. About two million of these loans are projected to experience a monthly payment increase of up to 199 British pounds by 2026.

Historical dataset of the daily level of the federal funds rate back to 1954. The fed funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis. The Federal Open Market Committee (FOMC) meets eight times a year to determine the federal funds target rate.

The benchmark interest rate in Indonesia was last recorded at 5.75 percent. This dataset provides - Indonesia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Argentina was last recorded at 32 percent. This dataset provides the latest reported value for - Argentina Money Market 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 Honduras was last recorded at 5.75 percent. This dataset provides - Honduras Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The U.S. federal funds rate peaked in 2023 at its highest level since the 2007-08 financial crisis, reaching 5.33 percent by December 2023. A significant shift in monetary policy occurred in the second half of 2024, with the Federal Reserve implementing regular rate cuts. By December 2024, the rate had declined to 4.48 percent. What is a central bank rate? The federal funds rate determines the cost of overnight borrowing between banks, allowing them to maintain necessary cash reserves and ensure financial system liquidity. When this rate rises, banks become more inclined to hold rather than lend money, reducing the money supply. While this decreased lending slows economic activity, it helps control inflation by limiting the circulation of money in the economy. Historic perspective The federal funds rate historically follows cyclical patterns, falling during recessions and gradually rising during economic recoveries. Some central banks, notably the European Central Bank, went beyond traditional monetary policy by implementing both aggressive asset purchases and negative interest rates.

Qatar QA: Real Interest Rate data was reported at -3.249 % pa in 2017. This records a decrease from the previous number of 14.857 % pa for 2016. Qatar QA: Real Interest Rate data is updated yearly, averaging -0.933 % pa from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 41.253 % pa in 2009 and a record low of -18.301 % pa in 2005. Qatar QA: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Qatar – Table QA.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-03-20 about 15-year, fixed, mortgage, interest rate, interest, rate, and USA.

The benchmark interest rate in Guatemala was last recorded at 4.50 percent. This dataset provides the latest reported value for - Guatemala Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for 5/1-Year Adjustable Rate Mortgage Average in the United States (DISCONTINUED) from 2005-01-06 to 2022-11-10 about adjusted, mortgage, interest rate, interest, 5-year, rate, and USA.

The average interest rate on new deposits with an agreed maturity of up to one year in Belgium continued growing in 2024. That happened after the interest rates of deposits soared in 2023, reaching three percent. Between January and November 2024, the interest rates of new deposits with a maturity of up to 1 year amounted to 3.27 percent.

Ivory Coast CI: Real Interest Rate data was reported at 3.669 % pa in 2016. This records an increase from the previous number of 1.986 % pa for 2015. Ivory Coast CI: Real Interest Rate data is updated yearly, averaging 2.227 % pa from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 5.674 % pa in 2005 and a record low of -3.243 % pa in 2008. Ivory Coast CI: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ivory Coast – Table CI.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

The benchmark interest rate in Libya was last recorded at 3 percent. This dataset provides - Libya 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, and 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 2.25 percent by February 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 June 2024, the United States had the highest 10-year government bond yield among developed economies at 4.09 percent, while Switzerland had the lowest at 0.69 percent. These rates serve as important benchmarks for borrowing costs and economic expectations worldwide.

Long term dataset showing the 30 year fixed rate mortgage average in the United States since 1971.

Togo: Bank lending-deposit interest rate spread : The latest value from 2005 is 1.15 interest rate points, unavailable from interest rate points in . In comparison, the world average is 8.34 interest rate points, based on data from 115 countries. Historically, the average for Togo from 2005 to 2005 is 1.15 interest rate points. The minimum value, 1.15 interest rate points, was reached in 2005 while the maximum of 1.15 interest rate points was recorded in 2005.

Mortgage credit interest rate, percent in Paraguay, September, 2024 The most recent value is 9.71 percent as of September 2024, an increase compared to the previous value of 9.51 percent. Historically, the average for Paraguay from January 2003 to September 2024 is 15.02 percent. The minimum of 7.45 percent was recorded in July 2005, while the maximum of 45.97 percent was reached in January 2003. | TheGlobalEconomy.com