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.

Graph and download economic data for Equity Market Volatility Tracker: Macroeconomic News and Outlook: Interest Rates (EMVMACROINTEREST) from Jan 1985 to Jun 2025 about volatility, uncertainty, equity, interest rate, interest, rate, and USA.

Austria BMF Forecast: Interest Rate: Short Term: Annual Average data was reported at 2.400 % in 2027. This records a decrease from the previous number of 2.600 % for 2026. Austria BMF Forecast: Interest Rate: Short Term: Annual Average data is updated yearly, averaging -0.300 % from Dec 2016 (Median) to 2027, with 12 observations. The data reached an all-time high of 3.800 % in 2024 and a record low of -0.500 % in 2021. Austria BMF Forecast: Interest Rate: Short Term: Annual Average data remains active status in CEIC and is reported by Federal Ministry of Finance. The data is categorized under Global Database’s Austria – Table AT.M002: Key Interest Rates: Forecast.

The benchmark interest rate In the Euro Area was last recorded at 2.15 percent. This dataset provides - Euro Area Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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 December 2024, the United States had the highest 10-year government bond yield among developed economies at 4.59 percent, while Switzerland had the lowest at 0.27 percent. These rates serve as important benchmarks for borrowing costs and economic expectations worldwide.

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.

Around half of all respondents to an *********** survey expected that interest rates for seniors housing in the United States would remain stable in the following 12 months. However, while ** percent believed interest rates would go up, ** percent of respondents believed the opposite to be the case.

The benchmark interest rate in Mexico was last recorded at 8 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Forecast: Bank Lending Interest Rate in Egypt 2024 - 2028 Discover more data with ReportLinker!

The benchmark interest rate in Thailand was last recorded at 1.75 percent. This dataset provides - Thailand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

Forecast: Bank Lending Interest Rate in Italy 2024 - 2028 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.

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.

According to the European Central Bank's survey of professional forecasters, the interest rate on the ECB's main refinancing operations is expected to decrease from *** percent in January 2025 to *** percent in 2026.

Forecast: Bank Lending Interest Rate in South Korea 2024 - 2028 Discover more data with ReportLinker!

The benchmark interest rate in Canada was last recorded at 2.75 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.