World Bank Interest Rates (2)

Interest rates of banks in the world - this is perhaps one of the main government levers with which Central banks influence the basic economic indicators, both in their country and on the world currency market. Changes in interest rates by the US Federal Reserve, the ECB and the Bank of England have a special effect on the exchange rates of major currency pairs on Forex. Taking into account the monetary policy of the main countries is important when carrying carry trade and when making transactions on the Forex market with news trading strategies.

Bank	Name	Value	Last meeting	Next meeting
CBR Bank of Russia	Key rate	0.6%	20.03.2020 (-5.4%)	24.04.2020
ECB European Central Bank	Deposit rate	0%	12.03.2020	30.04.2020
Fed Federal Reserve System	Federal Reserve	0.25%	15.03.2020 (-1%)	29.04.2020
RBA Reserve Bank of Australia	Interest rate	0.25%	19.03.2020 (-0.25%)	07.04.2020
BOJ Bank of Japan	Overnight target interest rate	-0.1%	16.03.2020	29.04.2020
RBNZ Reserve Bank of New Zealand	Interest rate	0.25%	16.03.2020 (-0.75%)	25.03.2020
SNB Bank of Switzerland	LIibor three-month interest rate range	-0.75%	19.03.2020	18.06.2020
BOC Bank of Canada	Overnight target interest rate	0.75%	13.03.2020 (-0.5%)	15.04.2020
BOE Bank of England	Interest rate	0.1%	19.03.2020 (-0.15%)	07.05.2020

Publications of past meetings

The Bank of Russia has not changed the rate and considers the weakening of the ruble a temporary factor — The Bank of Russia has not changed the rate and believes it has weakened ... 20 March, 13: 56

The ECB sees serious risks in the epidemic of coronavirus, but the rate does not reduce — The ECB sees serious risks in the epidemic of coronavi ... 12 March, 17: 32

Bank of Russia cuts interest rates again and does not plan to stop — The Bank of Russia has again lowered its interest rate and is not planning ... February 07, 13:57

The results of the Fed meeting were ignored by the market — The results of the Fed meeting were ignored by the ... 29 January, 23: 47

First Steps Christine Lagarde: ECB to revise its monetary policy — First steps Christine Lagarde: ECB will reconsider with ... 23 January, 17: 34

Bank of Russia cuts key rate fifth time in a year — Bank of Russia lowers key rate fifth time ... December 13, 14:01

Interest rates of world banks are the most effective leverage by which central banks influence the current activity of inflation growth and the value of the national currency. Interest rates approved by the central banks of the world are one of the decisive factors that have an impact on the current rate of all currency pairs represented on the Forex market.

The easing of monetary policy by the state usually leads to an increase in business activity. Against this background, inflation is rising and the national currency is becoming cheaper. On the contrary, the increase in current interest rates by the Central banks of the world, contribute to lower domestic business activity, lower inflation and leads to the strengthening of the national currency.

Interest rates higher than expected by the market lead to bullish or upward movements. Lower bets - to a downtrend or bearish trend. Given that over 75% of Forex settlements are made in US dollars, changes in interest rates in the United States have a major impact on the entire world currency market.