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Country or currency union Central bank interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate
In the United States, the real interest rate was -0.90% in 2021. How the US Banking System Compares. Most countries have central banks responsible for controlling the currency, much like the ...
Commercial bank prime lending rate Date of information 1 Madagascar: 64.00: 31 December 2017 est. 2 Brazil: 10.50: 08 May 2024 3 Congo, Democratic Republic of the: 35.90: 31 December 2017 est. 4 Syria: 33.30: 31 December 2017 est. 5 Gambia, The: 30.60: 31 December 2017 est. 6 Tajikistan: 30.00: 31 December 2017 est. 7 Ghana: 8 Mozambique: 27.00 ...
After cutting the benchmark interest rate a full percentage point last year, the Fed meets on Tuesday and Wednesday with policymakers likely to keep it in the current 4.25%-to-4.50% range.
The "policy rate" itself, i.e. the main interest rate which the central bank uses to communicate its policy, may be either an administered rate (i.e. set directly by the central bank) or a market interest rate which the central bank influences only indirectly. [22]
The next day, at its last monetary policy meeting of the year, the central bank held the rate at 21% despite market expectations that it would hike by 200 basis points.