Central Bank RatesAustralia policy rate in 2007 (4 changes)
Start of year6.25%
End of year6.75%Dec 31, 2007
Net change+50 bp3 hikes, 1 cuts
Average6.387%
Rank by level15 / 38
Changes in 2007
| Date | From | To | Change |
|---|---|---|---|
| Aug 8, 2007 | 6.25% | 6.50% | hike +25 bp |
| Oct 22, 2007 | 6.50% | 6.500% | cut 0 bp |
| Oct 23, 2007 | 6.500% | 6.50% | cut 0 bp |
| Nov 7, 2007 | 6.50% | 6.75% | hike +25 bp |
Compared with other areas at the end of 2007
15.75%
13.75%
11.25%
11%
10%
10%
9.5%
8.25%
8%
7.75%
7.57%
7.5%
7.5%
7.47%
6.75%
6.25%
6%
5.75%
5.5%
5.5%
5.25%
5.25%
5%
5%
5%
4.81%
4.25%
4.25%
4.25%
4.25%
4%
4%
3.5%
3.5%
3.25%
3.25%
2.75%
0.5%
Year-end rate over time
4.35%
3.6%
4.35%
4.35%
3.1%
0.1%
0.1%
0.75%
1.5%
1.5%
1.5%
2%
2.5%
2.5%
3%
4.25%
4.75%
3.75%
4.25%
6.75%
6.25%
5.5%
5.25%
5.25%
4.75%
4.25%
6.25%
2007: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.