The Bank of Jamaica (BOJ) has announced that it is maintaining the policy rate offered on overnight balances from deposit-taking institutions at 0.75 per cent, effective June 28, 2019. The policy interest rate determines the levels of the rest of the interest rates in the economy, since it is the price at which private agents-mostly private banks-obtain money from the central bank. Unlimited access tailored to your data needs Current Account Balances at the Bank of Japan billion yen Basic Loan Rate 0.3 % (since December 19, 2008) Interest Rate Applied to the Complementary Deposit Facility minus 0.1 % (applied to the Policy-Rate Balance, since February 16, 2016) Uncollateralized Overnight Call Rate(average) % Next Monetary Policy Meeting Date September 16 and 17, 2020

The most common are the overnight lending rate, discount rate and repurchase rate (of different maturities). As of April 2013, Bank of Japan has switched to the amount of monetary base as its main operating tool. Instant access to full history data in excel The data reached an all-time high of 0.10 % pa in Jan 2016 and a record low of -0.10 % pa in Jul 2020. So a rise of just a quarter percent in the discount rate balloons into a 1 percent rise in the above-prime rate credit cards charge on balances.

These banks will then offer financial products to their clients at an interest rate that is normally based on the policy rate.Different countries have different policy interest rates. Instant access to full history data in excel There is no data available for your selected dates.There is no data available for your selected dates. Changes in the TARGET balances of individual NCBs result from the settlement of cross-border payments executed between banks via TARGET. The ECB publishes data on the individual TARGET balances of euro area NCBs on a monthly basis in its Statistical Data Warehouse. The Board will continue to evaluate the appropriate settings of the interest rates on reserve balances in light of evolving market conditions and will make adjustments as needed. At its 6 August meeting, the board of the Czech National Bank (CNB) unanimously decided to keep the two-week repo rate stable at 0.25%, coming in line with market expectations and marking the second consecutive hold.

This note provides the operational settings for the policy tools that support the FOMC’s target range for the federal funds rate. Japan's Policy Rate averaged 0.10 % pa and is updated monthly, available from Nov 2008 to Jul 2020.

Flexible monthly access to CEIC data consumer prices, exchange rate or credit expansion, among others). The data reached an all-time high of 0.10 % pa in Jan 2016 and a record low of -0.10 % pa in Jul 2020. The policy interest rate determines the levels of the rest of the interest rates in the economy, since it is the price at which private agents-mostly private banks-obtain money from the central bank. Japan's cash rate (Policy Rate: Month End: Japan: Complementary Deposit Facility Interest Rate) was set at -0.10 % pa in Jul 2020, compared with -0.10 % pa in the previous Jun 2020. The most complete set of 5.5 million time series covering more than 200 economies, compiled from 1500 sources worldwide

Get a sample report showing our regional, country and commodities data and analysis.Never miss out on our latest data, analysis and industry events. These banks will then offer financial products to their clients at an interest rate that is normally based on the policy rate. TARGET balances are positions on the balance sheets of all national central banks (NCBs) of euro area countries. What net effective ECR could look like in the U.S. before the end of 2020. On the contrary, by cutting interest rates, a central bank might be seeking to boost economic activity by fostering credit expansion or currency depreciation in order to gain competitiveness.The table below shows the policy interest rate in percentage (end of period) by country for the last five years.At its meeting on 8 August, the Monetary Policy Committee (COPOM) of the Central Bank of Uruguay decided to raise its target for the growth rate of the M1+ money supply in Q3 2020 to around 15% from 7.0%–10% previously. Japan's cash rate (Policy Rate: Month End: Japan: Complementary Deposit Facility Interest Rate) was set at -0.10 % pa in Jul 2020, compared with -0.10 % pa in the previous Jun 2020. 2008 - 2020 | Monthly | % pa | CEIC Data