Cash Rate / Policy Rate

Cash rates show the short-term interest rate set by central banks. This page tracks policy rates across major economies and shows how central banks responded during the Global Financial Crisis, the Covid shock, and the post-pandemic inflation cycle.

Use these charts as a weekly reference point. Cash rates are not just central bank statistics. They affect mortgage costs, savings rates, bond yields, equity valuations, business investment and household pressure.

When rates fall, variable-rate borrowers often feel relief first. When rates rise, borrowing becomes more expensive and markets usually demand stronger earnings, lower valuations, or both.

 Central bank rates are the price of money. When the price of money changes, almost every asset class feels it.