The policy interest rate is the rate set by the central bank as a short-term interest rate. It is used by the central bank to charge commercial banks when they borrow money or pay commercial banks when they deposit money with the central bank. It also serves as the lending rate between banks.
โThe policy interest rate thus acts as the baseline interest rate of the economy.โ
4.50%
Changed: Dec 18, 2024
2.65%
Changed: Mar 6, 2025
1.50%
Changed: Sep 27, 2024
0.50%
Changed: Jan 24, 2025
4.50%
Changed: Feb 6, 2025
4.10%
Changed: Feb 19, 2025
0.25%
Changed: Mar 20, 2025
2.75%
Changed: Mar 12, 2025
4.75%
Changed: Dec 19, 2024
2.75%
Changed: Feb 25, 2025
2%
Changed: Sep 19, 2024
2.00%
Changed: Feb 26, 2025
India ๐ฎ๐ณ | 6.25% | Feb 2025 |
Brazil ๐ง๐ท | 14.25% | Jan 2025 |
Mexico ๐ฒ๐ฝ | 9.50% | Feb 2025 |
Sweden ๐ธ๐ช | 2.25% | Jan 2025 |
Norway ๐ณ๐ด | 4.50% | Dec 2023 |
Indonesia ๐ฎ๐ฉ | 5.75% | Jan 2025 |
Philippines ๐ต๐ญ | 5.75% | Dec 2024 |
Vietnam ๐ป๐ณ | 4.50% | Jun 2023 |
Saudi Arabia ๐ธ๐ฆ | 5% | Dec 2024 |
UAE ๐ฆ๐ช | 4.40% | Dec 2024 |
The U.S. policy interest rate represents the upper bound of the Federal Funds Rate target range set by the Federal Reserve.
The Chinese policy interest rate is based on the 7-Day Reverse Repo rate, which the Peopleโs Bank of China intends to use as the main policy rate instead of the Medium-Term Lending Facility (MLF).
The policy interest rates of these central banks are automatically updated every Saturday from reliable sources. However, we do not take responsibility for any errors that may occur. The content of this website is for informational purposes only and is not intended as financial advice. Any decisions you make based on the information provided are at your own risk.
Stay in the loop with everything you need to know.