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.

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.

The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States US: Real Interest Rate data was reported at 2.208 % pa in 2016. This records an increase from the previous number of 2.152 % pa for 2015. United States US: Real Interest Rate data is updated yearly, averaging 3.162 % pa from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 8.720 % pa in 1981 and a record low of -1.280 % pa in 1975. United States US: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.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.; ;

Expectations over the next three months as a result of increased interest rates, by North American Industry Classification System (NAICS), business employment size, type of business, business activity and majority ownership, first quarter of 2023.

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.

Nepal NP: Real Interest Rate data was reported at -6.207 % pa in 2010. This records an increase from the previous number of -6.823 % pa for 2009. Nepal NP: Real Interest Rate data is updated yearly, averaging 3.657 % pa from Dec 1975 (Median) to 2010, with 29 observations. The data reached an all-time high of 18.214 % pa in 1977 and a record low of -12.173 % pa in 1975. Nepal NP: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nepal – Table NP.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.; ;

Iran IR: Lending Interest Rate data was reported at 18.000 % pa in 2016. This records an increase from the previous number of 14.210 % pa for 2015. Iran IR: Lending Interest Rate data is updated yearly, averaging 12.000 % pa from Dec 2004 (Median) to 2016, with 13 observations. The data reached an all-time high of 18.000 % pa in 2016 and a record low of 11.000 % pa in 2013. Iran IR: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iran – Table IR.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Senegal SN: Interest Rate Spread data was reported at -1.630 % pa in 2016. This records an increase from the previous number of -1.844 % pa for 2015. Senegal SN: Interest Rate Spread data is updated yearly, averaging -3.008 % pa from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of -0.558 % pa in 2005 and a record low of -3.602 % pa in 2009. Senegal SN: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Senegal – Table SN.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; Median;

FocusEconomics' economic data is provided by official state statistical reporting agencies as well as our global network of leading banks, think tanks and consultancies. Our datasets provide not only historical data, but also Consensus Forecasts and individual forecasts from the aformentioned global network of economic analysts. This includes the latest forecasts as well as historical forecasts going back to 2010. Our global network consists of over 1000 world-renowned economic analysts from which we calculate our Consensus Forecasts. In this specific dataset you will find economic data for Japan Interest Rate.

Iraq IQ: Real Interest Rate data was reported at 53.543 % pa in 2015. This records an increase from the previous number of 13.392 % pa for 2014. Iraq IQ: Real Interest Rate data is updated yearly, averaging 0.677 % pa from Dec 2004 (Median) to 2015, with 12 observations. The data reached an all-time high of 53.543 % pa in 2015 and a record low of -14.278 % pa in 2005. Iraq IQ: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iraq – Table IQ.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 Mexico was last recorded at 8 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

We apply a discrete choice approach to model the empirical behaviour of the Federal Reserve in changing the federal funds target rate, the benchmark of short-term market interest rates in the US. Our methods allow the explanatory variables to be nonstationary as well as stationary. This feature is particularly useful in the present application as many economic fundamentals that are monitored by the Fed and are believed to affect decisions to adjust interest rate targets display some nonstationarity over time. The chosen model successfully predicts the majority of the target rate changes during the time period considered (1994-2001) and helps to explain strings of similar intervention decisions by the Fed. Based on the model-implied optimal interest rate, our findings suggest that there is a lag in the Fed's reaction to economic shocks during this period.

Indonesia Banking Survey: Loan Interest Rate: Whole Year Estimation: in USD: Investment data was reported at 6.566 % in Mar 2025. This records an increase from the previous number of 6.446 % for Dec 2024. Indonesia Banking Survey: Loan Interest Rate: Whole Year Estimation: in USD: Investment data is updated quarterly, averaging 6.330 % from Mar 2012 (Median) to Mar 2025, with 53 observations. The data reached an all-time high of 6.961 % in Sep 2023 and a record low of 4.454 % in Mar 2022. Indonesia Banking Survey: Loan Interest Rate: Whole Year Estimation: in USD: Investment data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Business and Economic Survey – Table ID.SE003: Banking Survey: Interest Rate. [COVID-19-IMPACT]

ABSTRACT This paper investigates the drivers of long term real interest rates in Brazil. It is shown that long term yield on inflation linked bonds are driven by yields on 10 year interest rates of United States (US) government bonds and 10 year risk premium, as measured by the Credit Default Swap (CDS). Long term interest rates in Brazil were on a downward trend, following US real rates and stable risk premium, until the taper tantrum in the first half of 2013. From then onwards, real interest rates rose due to the increase in US real rates in anticipation of the beginning of monetary policy normalization and, more recently, due to a sharp increase in Brazilian risk premium. Policy interest rates do not significantly affect long term real interest rates.

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 2024, 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 in an effort 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.

Jordan JO: Real Interest Rate data was reported at 7.037 % pa in 2016. This records an increase from the previous number of 6.066 % pa for 2015. Jordan JO: Real Interest Rate data is updated yearly, averaging 6.066 % pa from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 12.781 % pa in 1999 and a record low of -9.045 % pa in 2008. Jordan JO: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jordan – Table JO.World Bank: 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.; ;

GH: Deposit Interest Rate data was reported at 13.339 % pa in 2015. This records an increase from the previous number of 12.904 % pa for 2014. GH: Deposit Interest Rate data is updated yearly, averaging 15.000 % pa from Dec 1979 (Median) to 2015, with 35 observations. The data reached an all-time high of 35.759 % pa in 1997 and a record low of 8.885 % pa in 2006. GH: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ghana – Table GH.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

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.

Bangladesh BD: Lending Interest Rate data was reported at 9.852 % pa in 2024. This records an increase from the previous number of 7.570 % pa for 2023. Bangladesh BD: Lending Interest Rate data is updated yearly, averaging 12.219 % pa from Dec 1976 (Median) to 2024, with 49 observations. The data reached an all-time high of 14.846 % pa in 1990 and a record low of 7.121 % pa in 2022. Bangladesh BD: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bangladesh – Table BD.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;;