Global Interest Rates & Central Bank Statistics in 1975
Global monetary policy and central bank balance sheet ledger for 1975. Inspect 10 headline monetary indicators and 8 reporting central bank policy rates recorded in 1975.
Headline Monetary Indicators in 1975
Federal Reserve
Rank #23 of 73 yrs
Federal Funds Effective Rate (United States)
1975 Reading 5.37%
YoY Change +1.50 pp
Bank of England
Rank #12 of 81 yrs
Bank of England Official Base Rate (United Kingdom)
1975 Reading 11.25%
YoY Change -0.25 pp
Bank of Japan
Rank #13 of 75 yrs
Bank of Japan Policy Interest Rate (Japan)
1975 Reading 6.50%
YoY Change -2.50 pp
Swiss National Bank
Rank #22 of 81 yrs
Swiss National Bank Policy Interest Rate (Switzerland)
1975 Reading 3.00%
YoY Change -2.50 pp
Bank of Canada
Rank #12 of 67 yrs
Bank of Canada Target Overnight Rate (Canada)
1975 Reading 9.00%
YoY Change +0.25 pp
Federal Reserve
Rank #11 of 113 yrs
United States Inflation Rate (CPI YoY %)
1975 Reading 9.19%
YoY Change -1.84 pp
Bank of England
Rank #2 of 113 yrs
United Kingdom Inflation Rate (CPI YoY %)
1975 Reading 22.62%
YoY Change +6.94 pp
Federal Reserve
Rank #52 of 113 yrs
Federal Reserve Balance Sheet Total Assets (USD)
1975 Reading $120.61B
YoY Change +$5.51B
Federal Reserve
Rank #52 of 66 yrs
United States Foreign Exchange & Gold Reserves (USD)
1975 Reading $43.15B
YoY Change $-12.55B
Federal Reserve
Rank #41 of 63 yrs
US Dollar (USD) Real Effective Exchange Rate (REER)
1975 Reading 89.55
YoY Change -1.44
Central Bank Policy Rates & Real Interest Rates in 1975 (8 Monetary Authorities)
| Rank | Central Bank | Country / CCY | 1975 Policy Rate | 1975 CPI Inflation | 1975 Ex-Post Real Rate |
|---|---|---|---|---|---|
| #1 | Bank of England (BOE) | United Kingdom (GBP) | 11.25% | 22.62% | -11.37% |
| #2 | Bank of Canada (BOC) | Canada (CAD) | 9.00% | 10.69% | -1.69% |
| #3 | Reserve Bank of India (RBI) | India (INR) | 9.00% | 4.39% | +4.61% |
| #4 | Danmarks Nationalbank (DNB) | Denmark (DKK) | 7.50% | 9.76% | -2.26% |
| #5 | Bank of Japan (BOJ) | Japan (JPY) | 6.50% | 11.93% | -5.43% |
| #6 | Sveriges Riksbank (RIKSBANK) | Sweden (SEK) | 6.00% | 9.79% | -3.79% |
| #7 | Federal Reserve (FED) | United States (USD) | 5.37% | 9.19% | -3.82% |
| #8 | Swiss National Bank (SNB) | Switzerland (CHF) | 3.00% | 6.74% | -3.74% |
Surrounding Decade Context (1970-1980)
| Year | Fed Funds | BoE Rate | BoJ Rate | US CPI | Context |
|---|---|---|---|---|---|
| 1970 | 3.00% | 7.00% | 6.00% | 5.84% | Global monetary policy and central bank balance sheet ledger for 1970. |
| 1971 | 3.00% | 5.00% | 4.75% | 4.30% | Nixon Shock suspends USD gold convertibility; Bretton Woods system ends |
| 1972 | 5.50% | 9.00% | 4.25% | 3.27% | Global monetary policy and central bank balance sheet ledger for 1972. |
| 1973 | 9.83% | 13.00% | 9.00% | 6.16% | Global monetary policy and central bank balance sheet ledger for 1973. |
| 1974 | 3.87% | 11.50% | 9.00% | 11.03% | First OPEC oil shock triggers global stagflation and steep policy rate hikes |
| 1975 | 5.37% | 11.25% | 6.50% | 9.19% | Global monetary policy and central bank balance sheet ledger for 1975. |
| 1976 | 4.17% | 14.25% | 6.50% | 5.75% | Global monetary policy and central bank balance sheet ledger for 1976. |
| 1977 | 6.53% | 7.00% | 4.25% | 6.50% | Global monetary policy and central bank balance sheet ledger for 1977. |
| 1978 | 10.84% | 12.50% | 3.50% | 7.62% | Global monetary policy and central bank balance sheet ledger for 1978. |
| 1979 | 14.77% | 17.00% | 6.25% | 11.22% | Second oil shock; Paul Volcker appointed Federal Reserve Chair |
| 1980 | 22.00% | 14.00% | 7.25% | 13.58% | Global monetary policy and central bank balance sheet ledger for 1980. |