Central Bank Interest Rates
Track central bank policy rates across the world's major economies. Compare interest rates by country and understand how monetary policy shapes global markets.
Interest rates work alongside money supply to determine overall liquidity conditions, which is why policy rates and global M2 are best tracked together.
Current Policy Interest Rates
| Country | Central Bank | Policy Rate | Last Updated |
|---|---|---|---|
| 🇺🇸United States | Federal Reserve | 3.64% | Apr 1, 2026 |
| 🇪🇺Eurozone | European Central Bank | 2.00% | May 6, 2026 |
| 🇬🇧United Kingdom | Bank of England | 3.75% | May 7, 2026 |
| 🇯🇵Japan | Bank of Japan | 1.00% | Apr 1, 2026 |
| 🇨🇦Canada | Bank of Canada | 2.25% | May 5, 2026 |
| 🇨🇳China | People's Bank of China | 3.00% | Mar 1, 2026 |
Historical rate series remain available through the platform and API documentation.
Central Bank Interest Rates by Country
🇺🇸Federal Reserve — Federal Funds Rate
The most influential policy rate globally, shaping dollar liquidity and broader financial conditions.
🇪🇺European Central Bank — Deposit Facility Rate
The ECB sets the floor for euro area short-term rates and heavily influences liquidity across Europe.
🇬🇧Bank of England — Bank Rate
The UK base rate drives domestic borrowing costs and feeds through to broader financial conditions.
🇯🇵Bank of Japan — Policy Rate
Japan’s benchmark rate remains central to global carry trades and macro liquidity conditions.
🇨🇦Bank of Canada — Overnight Rate
Canada’s policy rate guides short-term lending conditions across the banking system.
🇨🇳People's Bank of China — Loan Prime Rate
China’s benchmark lending rate helps steer borrowing costs across the domestic economy.
Global Interest Rate Trends
Central bank policy rates move in cycles driven by inflation, growth, and financial stability goals.
Inflation Cycles
Rising rates usually appear during inflationary periods when central banks need to cool demand.
Growth Support
Falling rates are used to stimulate borrowing, support asset prices, and ease financial conditions.
Capital Flows
Diverging rate paths between countries shape currency moves and cross-border capital allocation.
Why Interest Rates Matter
Policy rates sit at the center of the macro transmission mechanism, affecting currencies, equities, bonds, and housing.
Currency Values
Higher rates tend to attract capital and support exchange rates.
Stock Markets
Rising discount rates can compress valuations and increase volatility.
Bond Markets
Bond prices and policy-rate expectations typically move in opposite directions.
Housing
Mortgage affordability and credit growth are highly sensitive to central bank policy.
Access Interest Rate Data
API Access
Query policy rates programmatically and plug structured macro data into your own dashboards and models.
View API documentation →CSV Downloads
Download clean macro datasets for spreadsheet work, research notes, and offline analysis.
Download data →Related Macro Data
Track policy rates alongside global M2 money supply and inflation for a fuller macro picture.
View Global M2 Money Supply Data →Get Started
Use this page as the policy-rate entry point, then connect it with liquidity and inflation data to build a broader macro view.