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/Macro/Compare/Policy rate

Compare policy rate

Policy and short-term interest rates

  • Global
  • UK
  • US
  • Euro area
  • Japan
  • China
  • Compare
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Policy and short-term interest rates

US · Fed fundsUK · Bank Rate

Latest

EconomyMeasureLatestAs of1y change5y change
UKBank Rate3.75%12 Oct 2026-0.25pp+3.65pp
USFed funds3.88%8 Oct 2026-0.22pp+3.80pp

Central bank policy rates for the UK, US and euro area, and 3-month market rates for Japan and China, where the OECD publishes no policy rate.

Chart the spread: UK minus US →

Policy and short-term interest rates

US · Fed fundsUK · Bank Rate

Latest

EconomyMeasureLatestAs of1y change5y change
UKBank Rate3.75%12 Oct 2026-0.25pp+3.65pp
USFed funds3.88%8 Oct 2026-0.22pp+3.80pp

Central bank policy rates for the UK, US and euro area, and 3-month market rates for Japan and China, where the OECD publishes no policy rate.

Chart the spread: UK minus US →