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Interest rates

Central Bank Interest Rates for Top 25 Richest Countries

by D.A. Workman

Compound interest graph (courtesy of Pixabay.com)

This report presents the current annual interest rates charged by the central banks of the top 25 richest countries. In a nutshell, interest rates define the price of money. At a macroeconomic level, central banks use their current annual interest rates (sometimes called discount rates) to shape monetary policy. Central bank interest rates also impact bank reserves, monetary … [Read more...] about Central Bank Interest Rates for Top 25 Richest Countries

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