Global Interest Rates & Central Bank Statistics in 1958
Eisenhower recession and global monetary easing Inspect 7 headline monetary indicators and 7 reporting central bank policy rates recorded in 1958.
Headline Monetary Indicators in 1958
Federal Reserve
Rank #54 of 73 yrs
Federal Funds Effective Rate (United States)
1958 Reading 2.38%
YoY Change -0.62 pp
Bank of England
Rank #50 of 81 yrs
Bank of England Official Base Rate (United Kingdom)
1958 Reading 4.00%
YoY Change -3.00 pp
Bank of Japan
Rank #4 of 75 yrs
Bank of Japan Policy Interest Rate (Japan)
1958 Reading 7.30%
YoY Change -1.10 pp
Swiss National Bank
Rank #27 of 81 yrs
Swiss National Bank Policy Interest Rate (Switzerland)
1958 Reading 2.50%
YoY Change 0.00 pp
Federal Reserve
Rank #57 of 113 yrs
United States Inflation Rate (CPI YoY %)
1958 Reading 2.73%
YoY Change -0.61 pp
Bank of England
Rank #59 of 113 yrs
United Kingdom Inflation Rate (CPI YoY %)
1958 Reading 2.89%
YoY Change -0.96 pp
Federal Reserve
Rank #66 of 113 yrs
Federal Reserve Balance Sheet Total Assets (USD)
1958 Reading $53.10B
YoY Change +$0.07B
Central Bank Policy Rates & Real Interest Rates in 1958 (7 Monetary Authorities)
| Rank | Central Bank | Country / CCY | 1958 Policy Rate | 1958 CPI Inflation | 1958 Ex-Post Real Rate |
|---|---|---|---|---|---|
| #1 | Bank of Japan (BOJ) | Japan (JPY) | 7.30% | -0.45% | +7.75% |
| #2 | Sveriges Riksbank (RIKSBANK) | Sweden (SEK) | 4.50% | 4.50% | 0.00% |
| #3 | Danmarks Nationalbank (DNB) | Denmark (DKK) | 4.50% | 1.29% | +3.21% |
| #4 | Bank of England (BOE) | United Kingdom (GBP) | 4.00% | 2.89% | +1.11% |
| #5 | Reserve Bank of India (RBI) | India (INR) | 4.00% | 2.07% | +1.93% |
| #6 | Swiss National Bank (SNB) | Switzerland (CHF) | 2.50% | 1.84% | +0.66% |
| #7 | Federal Reserve (FED) | United States (USD) | 2.38% | 2.73% | -0.35% |
Surrounding Decade Context (1954-1963)
| Year | Fed Funds | BoE Rate | BoJ Rate | US CPI | Context |
|---|---|---|---|---|---|
| 1954 | 1.44% | 3.00% | 5.84% | 0.32% | Post-Korean War Federal Reserve policy rate normalization |
| 1955 | 2.50% | 4.50% | 7.30% | -0.28% | Global monetary policy and central bank balance sheet ledger for 1955. |
| 1956 | 3.00% | 5.50% | 7.30% | 1.52% | Global monetary policy and central bank balance sheet ledger for 1956. |
| 1957 | 3.00% | 7.00% | 8.40% | 3.34% | Global monetary policy and central bank balance sheet ledger for 1957. |
| 1958 | 2.38% | 4.00% | 7.30% | 2.73% | Eisenhower recession and global monetary easing |
| 1959 | 4.00% | 4.00% | 7.30% | 1.01% | Global monetary policy and central bank balance sheet ledger for 1959. |
| 1960 | 3.00% | 5.00% | 6.94% | 1.46% | Global monetary policy and central bank balance sheet ledger for 1960. |
| 1961 | 2.50% | 6.00% | 7.30% | 1.07% | Global monetary policy and central bank balance sheet ledger for 1961. |
| 1962 | 3.00% | 4.50% | 6.57% | 1.20% | Global monetary policy and central bank balance sheet ledger for 1962. |
| 1963 | 3.25% | 4.00% | 5.84% | 1.24% | Global monetary policy and central bank balance sheet ledger for 1963. |