Central Bank RatesDenmark policy rate in 2008 (7 changes)
Start of year4.25%
End of year3.75%Dec 30, 2008
Net change-50 bp4 hikes, 3 cuts
Average4.495%
Rank by level22 / 38
Changes in 2008
| Date | From | To | Change |
|---|---|---|---|
| May 16, 2008 | 4.25% | 4.35% | hike +10 bp |
| Jul 4, 2008 | 4.35% | 4.60% | hike +25 bp |
| Oct 8, 2008 | 4.60% | 5.00% | hike +40 bp |
| Oct 24, 2008 | 5.00% | 5.50% | hike +50 bp |
| Nov 7, 2008 | 5.50% | 5.00% | cut -50 bp |
| Dec 5, 2008 | 5.00% | 4.25% | cut -75 bp |
| Dec 19, 2008 | 4.25% | 3.75% | cut -50 bp |
Compared with other areas at the end of 2008
18%
17.75%
15%
13.75%
13%
11.5%
10.25%
10%
9.5%
9.25%
8.25%
8.25%
7%
6.5%
6.5%
5.5%
5.31%
5%
5%
4.25%
3.75%
3.75%
3.5%
3.25%
3%
3%
2.75%
2.5%
2.5%
2.5%
2.25%
2%
2%
1.5%
0.5%
0.5%
0.125%
0.1%
Year-end rate over time
2.1%
1.6%
2.6%
3.6%
1.75%
-0.6%
-0.6%
-0.75%
-0.65%
-0.65%
-0.65%
-0.75%
-0.05%
-0.1%
-0.2%
0.3%
0.7%
0.95%
3.75%
4.25%
3.75%
2.4%
2.15%
2.15%
2.95%
3.6%
5.4%
2008: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.