World Interest Rates: Live Central Bank Rate Table (Updated 22 Oct 2026)

Live tool, auto-updated

Last updated 22 October 2026 at 20:30 (London)

Major central bank rates (live)

Green = last move was a hike, red = last move was a cut. The rates above update automatically from the desk’s live cross-central-bank feed, including the US, Eurozone, UK, Japan, Canada, Australia, New Zealand, Switzerland, China, India and Brazil.

More central banks

A wider view across the emerging and developed world. These are reviewed by the desk around each meeting.

What is a central bank policy rate?

A policy rate is the headline interest rate a central bank sets to steer its economy. It is the rate at which the central bank lends to, or pays, the commercial banking system, and it filters out into the cost of everything: mortgages, business loans, savings and, for traders, the yield on a currency. When inflation runs hot a central bank raises the rate to cool demand; when growth weakens it cuts to support it. The level, and crucially the expected PATH, of each policy rate is the single biggest driver of currency trends.

How traders use this table

The number that moves a currency pair is not one rate on its own, it is the GAP between two central banks and the direction each is heading. A currency whose central bank is hiking, or holding higher for longer, while another is cutting, tends to strengthen against it (the carry). Watch the last-change column for momentum and the next-meeting column for the catalyst. The desk builds its FX and gold trades around this divergence every morning.

Frequently asked questions

What is the current US interest rate?

The US Federal Reserve’s policy rate (the federal funds target) is 4.00% as of 22 October 2026 at 20:30. The Fed’s next decision is 28 Oct 2026. This page updates automatically when the rate changes.

What is the current ECB interest rate?

The European Central Bank’s policy rate is 2.50%. The ECB sets rates for the 20 eurozone countries.

What is the Bank of England base rate?

The Bank of England’s Bank Rate is 3.75%.

Which country has the highest interest rate?

In this table the highest policy rate is TRY at 37.00%. Very high rates usually reflect high inflation, and they make a currency attractive for the carry trade while the disinflation holds.

Why do interest rates move the currency?

A higher policy rate, relative to other countries, tends to attract capital and strengthen the currency, because investors earn more for holding it (the carry). What actually drives FX trends is the GAP between central banks and the direction of travel, not the absolute level. The desk trades that divergence.

How often is this table updated?

Every rate on this page is read from a primary source: the New York Fed for the US target range, the ECB Data Portal for the euro area, and the BIS daily policy-rate dataset for the rest, where each series is published by the central bank itself. The desk re-reads all of them twice a day and rebuilds the page when a rate moves, and at least weekly regardless, so the stamp at the top is never more than seven days old. Taiwan is the one exception and is maintained by hand, because its central bank is not in the BIS dataset.

Educational tool only, not financial advice. Rates move on headlines; always confirm with the official central bank. KenMacro has commercial partnerships with some brokers referenced and may earn a commission at no extra cost to you.