Central Bank RatesUnited Kingdom policy rate in 2004 (4 changes)
Start of year3.75%
End of year4.75%Dec 31, 2004
Net change+100 bp4 hikes, 0 cuts
Average4.386%
Rank by level19 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Feb 5, 2004 | 3.75% | 4.00% | hike +25 bp |
| May 6, 2004 | 4.00% | 4.25% | hike +25 bp |
| Jun 10, 2004 | 4.25% | 4.50% | hike +25 bp |
| Aug 5, 2004 | 4.50% | 4.75% | hike +25 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
0.75%
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%
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.