Interest rates across the World in 2008

The following table is reflecting the movement of official policy rates in various countries during 2008:

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 
 USA 3.00 - 2.25 2.00 - - - - - 1.00 - 0/0.25 
 Japan 0.50 - - - - - - - - 0.30 - 0.10
 Euro Zone 4.00 - - - - - 4.25 - - 3.75 3.25 2.50
 UK 5.50 5.25 - 5.00 - - - - - 4.50 3.00 2.00
 Canada 4.00 - 3.50 3.00 - - - - - 2.25 - 1.50
 New Zealand 8.25 - - - - - 8.00 - 7.50 6.50 - 5.00
 Australia 6.75 7.00 7.25 - - - - - 7.00 6.00 5.25 4.25

Next scheduled meetings of Central Banks:

  • UK - 8 January,
  • Europe - 15 January,
  • Japan - 20 January,
  • Canada - 20 January,
  • USA - 28 January,
  • New Zealand - 29 January,
  • Australia - 3 February

Happy New Year!

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