Central Bank RatesUnited States policy rate in 2024 (3 changes)
Start of year5.375%
End of year4.375%Dec 31, 2024
Net change-100 bp0 hikes, 3 cuts
Average5.188%
Rank by level23 / 38
Changes in 2024
| Date | From | To | Change |
|---|---|---|---|
| Sep 19, 2024 | 5.375% | 4.875% | cut -50 bp |
| Nov 8, 2024 | 4.875% | 4.625% | cut -25 bp |
| Dec 19, 2024 | 4.625% | 4.375% | cut -25 bp |
Compared with other areas at the end of 2024
47.5%
21%
12.25%
10%
9.5%
8.5%
7.75%
6.5%
6.5%
6.5%
6%
5.75%
5.75%
5.75%
5.55%
5%
5%
5%
4.75%
4.75%
4.5%
4.5%
4.375%
4.35%
4.25%
4%
4%
3.25%
3.1%
3%
3%
3%
2.75%
2.6%
2.5%
2.25%
0.5%
0.25%
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%
2024: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.