United Kingdom policy rate in 2003 (3 changes)
Start of year4.00%
End of year3.75%Dec 31, 2003
Net change-25 bp1 hikes, 2 cuts
Average3.692%
Rank by level21 / 36
Changes in 2003
| Date | From | To | Change |
|---|---|---|---|
| Feb 6, 2003 | 4.00% | 3.75% | cut -25 bp |
| Jul 10, 2003 | 3.75% | 3.50% | cut -25 bp |
| Nov 6, 2003 | 3.50% | 3.75% | hike +25 bp |
Compared with other areas at the end of 2003
26%
21.25%
16.5%
16%
12.5%
9%
8%
7.25%
7%
6.75%
6.65%
6.12%
5.31%
5.25%
5.25%
5.2%
5.16%
5%
4.5%
3.75%
3.75%
3.25%
3.25%
2.75%
2.75%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
1.75%
1.25%
1%
0.375%
Year-end rate over time
3.75%
3.75%
4.75%
5.25%
3.5%
0.25%
0.1%
0.75%
0.75%
0.5%
0.25%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
0.5%
2%
5.5%
5%
4.5%
4.75%
3.75%
4%
4%
6%
2003: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.