Policy rates: United States vs Japan

United States3.875%

Japan1.25%

Difference-262 bp

Widest gap-6.25%2000-08

United StatesJapan

Gap at year end

2026-2.625%

2025-2.875%

2024-4.125%

2023-5.475%

2022-4.475%

2021-0.225%

2020-0.225%

2019-1.725%

2018-2.475%

2017-1.475%

2016-0.725%

2015-0.325%

2014-0.075%

2013-0.075%

2012-0.075%

2011-0.075%

2010-0.075%

2009-0.025%

2008-0.025%

2007-3.75%

2006-5%

2005-4.1%

2004-2.1%

2003-0.85%

2002-1.1%

2001-1.6%

2000-6.25%

Daily policy-rate data compiled by the BIS. Not investment advice. Compared at month ends.