Central Bank RatesUnited States policy rate in 2008 (7 changes)
Start of year4.25%
End of year0.125%Dec 31, 2008
Net change-412 bp0 hikes, 7 cuts
Average2.081%
Rank by level37 / 38
Changes in 2008
| Date | From | To | Change |
|---|---|---|---|
| Jan 22, 2008 | 4.25% | 3.50% | cut -75 bp |
| Jan 30, 2008 | 3.50% | 3.00% | cut -50 bp |
| Mar 18, 2008 | 3.00% | 2.25% | cut -75 bp |
| Apr 30, 2008 | 2.25% | 2.00% | cut -25 bp |
| Oct 8, 2008 | 2.00% | 1.50% | cut -50 bp |
| Oct 29, 2008 | 1.50% | 1.00% | cut -50 bp |
| Dec 16, 2008 | 1.00% | 0.125% | cut -88 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
3.875%
3.625%
4.375%
5.375%
4.375%
0.125%
0.125%
1.625%
2.375%
1.375%
0.625%
0.375%
0.125%
0.125%
0.125%
0.125%
0.125%
0.125%
0.125%
4.25%
5.25%
4.25%
2.25%
1%
1.25%
1.75%
6.5%
2008: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.