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The policy rate of the seven banks the site follows, as the banks publish it, read as a series of decisions: the rate today, the last move, the year’s moves, the next scheduled meeting. Facts, dated and sourced; nothing here says what a bank will do.
Where the rates stand
| Bank | Rate | Last change | Twelve months | Next meeting | Three years |
|---|---|---|---|---|---|
| Federal ReserveFed funds target, upper bound | 3.88% | +25 bp17 Sept 2026 | 1 hike, 1 cut 0 bp | 9 Dec 2026in 4 weeks | |
| European Central BankDeposit facility rate | 2.50% | +25 bp16 Sept 2026 | 2 hikes +50 bp | 17 Dec 2026in 5 weeks | |
| Bank of EnglandBank Rate | 3.75% | −25 bp18 Dec 2025 | 1 cut −25 bp | 17 Dec 2026in 5 weeks | |
| Bank of JapanPolicy rate | 1.25% | +25 bp24 Sept 2026 | 3 hikes +75 bp | 18 Dec 2026in 5 weeks | |
| Swiss National BankSNB policy rate | 0.00% | −25 bp20 Jun 2025 | unchanged | 10 Dec 2026in 4 weeks | |
| Bank of CanadaOvernight rate target | 2.50% | +25 bp29 Oct 2026 | 1 hike +25 bp | 9 Dec 2026in 4 weeks | |
| Reserve Bank of AustraliaCash rate target | 4.60% | +25 bp30 Sept 2026 | 4 hikes +100 bp | 8 Dec 2026in 4 weeks |
Side by side, on one scale
Each bank’s main policy rate as compiled by the Bank for International Settlements from the banks’ own publications, refreshed twice a day; the meeting dates from the banks’ published calendars and from the site’s Calendar. A decision is a change of the rate on the day the bank announced it; meetings that held the rate are not listed as decisions.
Oyticker provides market information and analysis for educational purposes. It is not investment advice: you remain responsible for your own decisions.