Central Bank RatesUnited States policy rate in 2025 (3 changes)
Start of year4.375%
End of year3.625%Dec 31, 2025
Net change-75 bp0 hikes, 3 cuts
Average4.246%
Rank by level23 / 38
Changes in 2025
| Date | From | To | Change |
|---|---|---|---|
| Sep 18, 2025 | 4.375% | 4.125% | cut -25 bp |
| Oct 30, 2025 | 4.125% | 3.875% | cut -25 bp |
| Dec 11, 2025 | 3.875% | 3.625% | cut -25 bp |
Compared with other areas at the end of 2025
38%
16%
15%
9.25%
7.25%
7%
6.75%
6.5%
6.5%
5.75%
5.25%
4.75%
4.5%
4.5%
4.25%
4.25%
4.25%
4%
4%
4%
4%
3.75%
3.625%
3.6%
3.5%
3.5%
3%
2.75%
2.5%
2.25%
2.25%
2.25%
2%
1.75%
1.6%
1.25%
0.75%
0%
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%
2025: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.