Central Bank RatesJapan policy rate in 2008 (2 changes)
Start of year0.50%
End of year0.10%Dec 31, 2008
Net change-40 bp0 hikes, 2 cuts
Average0.459%
Rank by level38 / 38
Changes in 2008
| Date | From | To | Change |
|---|---|---|---|
| Oct 31, 2008 | 0.50% | 0.30% | cut -20 bp |
| Dec 19, 2008 | 0.30% | 0.10% | cut -20 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
1.25%
0.75%
0.25%
-0.1%
-0.1%
-0.1%
-0.1%
-0.1%
-0.1%
-0.1%
-0.1%
0.05%
0.05%
0.05%
0.05%
0.1%
0.1%
0.5%
0.25%
0.15%
0.25%
2008: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.