World Central Banks Interest Rates

Tracking world central bank interest rates is essential for investors, businesses, and policymakers to gauge global monetary policy alignment, anticipate currency movements, and assess borrowing costs amid economic shifts. This service delivers real-time data and trends, empowering users to evaluate market conditions, spot divergences, and inform strategies on investments, trade, and risk management.

Overview: As of January 26, 2026, rates vary widely: Russia's Central Bank at 16.00% (highest), Swiss National Bank at 0.00% (lowest), Norges Bank at 5.00%, US Fed at 3.64%, Australia at 3.60%, UK at 3.90%, ECB at 2.15%, Canada/NZ at 2.25%, Japan at 1.00%.

Current changes show easing: NZ (-0.25%, 1/16), NO (-0.25%), CA (-0.25%), AU (-0.25%), US (-0.25%), EU (-0.25%), RU (-0.50%); JP (+0.25%, 12/25), CH (-0.25%, 11/25), UK (-0.10%, 12/25).

Last 12 months: Downward trend across most—NZ from 4.25% to 2.25%, CH to 0.00%, NO 5.50% to 5.00%, CA 3.00% to 2.25%, AU 4.35% to 3.60%, US 4.33% to 3.64%, EU 3.15% to 2.15%, RU 21.00% to 16.00%; JP steady rise to 1.00%.

Historical dynamics: US peaked 22.36% (1981), min 0.04% (2011); RU 210% (1993), min 4.25% (2020); NO 50% (1986), min 1.00% (2020); JP 9% (1980), min 0.10% (2001); others cycled post-crises.

Max rates driven by hyperinflation (RU 1990s), oil shocks/inflation surges (US/NO 1980s), post-COVID inflation (2022-23 peaks like UK 5.25%, ECB 4.50%).

Min rates from recessions (US 0.04% post-2008/GFC), deflation/stimulus (JP decades-low), COVID stimulus (global 2020 lows like AU 0.10%, CH -0.75%).

Key trends: Global easing cycle post-2023 peaks amid cooling inflation; divergence with RU high, CH zero-bound; shift to data-dependent holds.

Impacts: Cuts boost equities/bonds, weaken currencies (e.g., CAD/USD pressure); high RU rate signals isolation risks; synchronized easing stabilizes markets but tariff/trade uncertainties loom.