Global Interest Rates & Central Bank Statistics in 1986
Global monetary policy and central bank balance sheet ledger for 1986. Inspect 11 headline monetary indicators and 13 reporting central bank policy rates recorded in 1986.
Headline Monetary Indicators in 1986
Federal Reserve
Rank #16 of 73 yrs
Federal Funds Effective Rate (United States)
1986 Reading 5.88%
YoY Change -1.87 pp
Bank of England
Rank #13 of 81 yrs
Bank of England Official Base Rate (United Kingdom)
1986 Reading 10.88%
YoY Change -0.50 pp
Bank of Japan
Rank #45 of 75 yrs
Bank of Japan Policy Interest Rate (Japan)
1986 Reading 3.00%
YoY Change -2.00 pp
Reserve Bank of Australia
Rank #3 of 51 yrs
RBA Cash Rate Target (Australia)
1986 Reading 14.75%
YoY Change -4.25 pp
Swiss National Bank
Rank #9 of 81 yrs
Swiss National Bank Policy Interest Rate (Switzerland)
1986 Reading 4.00%
YoY Change 0.00 pp
Bank of Canada
Rank #16 of 67 yrs
Bank of Canada Target Overnight Rate (Canada)
1986 Reading 8.49%
YoY Change -1.00 pp
Federal Reserve
Rank #71 of 113 yrs
United States Inflation Rate (CPI YoY %)
1986 Reading 1.91%
YoY Change -1.64 pp
Bank of England
Rank #52 of 113 yrs
United Kingdom Inflation Rate (CPI YoY %)
1986 Reading 3.33%
YoY Change -1.59 pp
Federal Reserve
Rank #41 of 113 yrs
Federal Reserve Balance Sheet Total Assets (USD)
1986 Reading $266.03B
YoY Change +$29.98B
Federal Reserve
Rank #39 of 66 yrs
United States Foreign Exchange & Gold Reserves (USD)
1986 Reading $139.88B
YoY Change +$21.90B
Federal Reserve
Rank #31 of 63 yrs
US Dollar (USD) Real Effective Exchange Rate (REER)
1986 Reading 95.33
YoY Change -15.62
Central Bank Policy Rates & Real Interest Rates in 1986 (13 Monetary Authorities)
| Rank | Central Bank | Country / CCY | 1986 Policy Rate | 1986 CPI Inflation | 1986 Ex-Post Real Rate |
|---|---|---|---|---|---|
| #1 | Central Bank of Brazil (BCB) | Brazil (BRL) | 115.56% | 167.80% | -52.24% |
| #2 | Reserve Bank of New Zealand (RBNZ) | New Zealand (NZD) | 27.00% | 13.16% | +13.84% |
| #3 | Norges Bank (NORGES) | Norway (NOK) | 14.80% | 7.14% | +7.66% |
| #4 | Reserve Bank of Australia (RBA) | Australia (AUD) | 14.75% | 9.07% | +5.68% |
| #5 | Bank of England (BOE) | United Kingdom (GBP) | 10.88% | 3.33% | +7.55% |
| #6 | Reserve Bank of India (RBI) | India (INR) | 10.00% | 5.51% | +4.49% |
| #7 | South African Reserve Bank (SARB) | South Africa (ZAR) | 9.50% | 18.66% | -9.16% |
| #8 | Bank of Canada (BOC) | Canada (CAD) | 8.49% | 4.20% | +4.29% |
| #9 | Sveriges Riksbank (RIKSBANK) | Sweden (SEK) | 7.50% | 4.25% | +3.25% |
| #10 | Danmarks Nationalbank (DNB) | Denmark (DKK) | 7.00% | 3.71% | +3.29% |
| #11 | Federal Reserve (FED) | United States (USD) | 5.88% | 1.91% | +3.97% |
| #12 | Swiss National Bank (SNB) | Switzerland (CHF) | 4.00% | 0.75% | +3.25% |
| #13 | Bank of Japan (BOJ) | Japan (JPY) | 3.00% | 0.60% | +2.40% |
Surrounding Decade Context (1981-1991)
| Year | Fed Funds | BoE Rate | BoJ Rate | US CPI | Context |
|---|---|---|---|---|---|
| 1981 | 13.13% | 14.38% | 5.50% | 10.35% | Volcker disinflation peak pushes benchmark policy rates to postwar highs |
| 1982 | 11.20% | 10.00% | 5.50% | 6.16% | Global monetary policy and central bank balance sheet ledger for 1982. |
| 1983 | 9.92% | 9.06% | 5.00% | 3.22% | Global monetary policy and central bank balance sheet ledger for 1983. |
| 1984 | 8.74% | 9.50% | 5.00% | 4.30% | Global monetary policy and central bank balance sheet ledger for 1984. |
| 1985 | 7.75% | 11.38% | 5.00% | 3.55% | Plaza Accord coordinated G5 currency intervention depreciates USD |
| 1986 | 5.88% | 10.88% | 3.00% | 1.91% | Global monetary policy and central bank balance sheet ledger for 1986. |
| 1987 | 6.81% | 8.38% | 2.50% | 3.66% | Louvre Accord and Black Monday central bank liquidity provision |
| 1988 | 8.69% | 12.88% | 2.50% | 4.08% | Global monetary policy and central bank balance sheet ledger for 1988. |
| 1989 | 8.25% | 14.88% | 4.25% | 4.83% | Global monetary policy and central bank balance sheet ledger for 1989. |
| 1990 | 7.00% | 13.88% | 6.00% | 5.39% | German reunification tightening and Japanese asset bubble peak |
| 1991 | 4.00% | 10.38% | 4.50% | 4.25% | Global monetary policy and central bank balance sheet ledger for 1991. |