Interest Rates

World central banks use the key rate to control the financial activities of commercial banks. Changes in rates have impact on the bank lending rates and, as a result, cost of loans for credit rates such as consumer loans and mortgages.
The higher the key interest rate level, the higher the loan rate is. In addition, the key rate influences currency quotes.

The table shows the interest rates of world central banks.

USAFederal Funds1,75 %
Switzerland3 Month LIBOR Range-0,25 %
United KingdomRepo Rate1,25 %
EURefinancing Tender0,00 %
JapanOvernight Call Rate-0,10 %
New ZealandOfficial Cash Rate2,00 %
AustraliaCash Rate0,85 %
CanadaOvernight Rate Target1,50 %