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World Interest Rate Timeline Friday, September 8 Bookmark and Share     Author
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US Fed raises interest rates by 0.25%
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Bank Main Event: US Fed raises interest rate...
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1. 2016-01-28 Japan adopts negative interest rate in surprise move Japan
C. 2015-12-16 Asia's investors cheer the Fed's move to raise rates Japan
2015-12-16 US Fed raises interest rates by 0.25% Washington
4. 2015-06-10 S Korea cuts interest rates to record low amid Mers concerns South Korea
F. 2014-12-15 Russia raises interest rate to 17% Moscow
G. 2010-12-26 China raises benchmark interest rates Beijing
H. 2009-10-05 Australia raises interest rates Australia
I. 2009-02-05 UK interest rates cut to new low London
J. 2009-01-15 Eurozone interest rates cut to 2% European Union

  Asia's investors cheer the Fed's move to raise rates
Japan adopts negative interest rate in surprise move


year 2016 Top ^

Jan.28   Japan  
  The benchmark rate of -0.1% means that the central bank will charge commercial banks 0.1% on some of their deposits


year 2015 Top ^

Dec.16   Japan
  Shares in Asia were all in positive territory on Thursday on news the US Federal Reserve had raised its rates for the first time since June 2006

  Washington  
  The US Federal Reserve has raised interest rates by 0.25 percentage points - its first increase since 2006
 The move takes the range of rates banks offer to lend to each other overnight to between 0.25% and 0.5%. Rates in the US have been at near-zero since 2008
Jun.10   South Korea   S Korea cuts interest rates to record low amid Mers concerns  South Korea's central bank has cut interest rates to a record low, amid a deadly outbreak of the Middle East Respiratory Syndrome

year 2014 Top ^

Dec.15   Moscow   Russia raises interest rate to 17%
  The Russian central bank has announced it is hiking its key interest rate to 17% from 10.5% 'to try to ease the rouble's recent descent'

year 2010 Top ^

Dec.26   Beijing   China raises benchmark interest rates
  China's central bank raised benchmark interest rates on, the second increase in just over 2 months, as the government battles inflation

year 2009 Top ^

Oct.5   Australia   Australia raises interest rates
  Australia has raised its main rate to 3.25% from 3%, becoming the first G20 nation to do so as the global economy begins to recover Feb.5   London   UK interest rates cut to new low  The Bank of England reduced interest rates by 0.5 percentage points to 1 percent, the lowest-ever level Jan.15   European Union   Eurozone interest rates cut to 2%  The European Central Bank has cut eurozone interest rates by half a percentage point to 2% to bolster the eurozone economy

year 2008 Top ^

Nov.6   London   UK interest rates slashed to 3%
  The Bank of England has made a shock 1.5% point cut in UK interest rates to the lowest level since 1955
Oct.8   London   World's central banks slash interest rates
  The leading economies, led by the U.S. and the UK, slashed interest rates to tackle the global financial crisis after days of stock market losses.    Six central banks cut interest ...
Apr.30   Washington   Further cut in interest rates
  The Federal Reserve has cut its key rate from 2.25% to 2.0% as it aims to avoid a possible US recession

year 2004 Top ^

Dec.14   Washington   Fed Raises Interest Rate to 2.25%  The Federal Reserve pushed U.S. interest rates up by a modest 0.25%

year 2002 Top ^

Nov.6   Washington   0.5% interest rate cut  The Federal Reserve has reduced rates to a 41-year low of 1.25%, a big cut from the previous 1.75%

year 2001 Top ^

Jan.31   Washington   Fed cuts interest rates by 0.5%
  It brings the federal funds rate to 5.5%, from 6%. U.S. economy grew at a 1.4% annual rate in the 4th quarter


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