Global Interest Rates & Central Bank Statistics in 1993
Global monetary policy and central bank balance sheet ledger for 1993. Inspect 11 headline monetary indicators and 14 reporting central bank policy rates recorded in 1993.
Headline Monetary Indicators in 1993
Federal Reserve
Rank #44 of 73 yrs
Federal Funds Effective Rate (United States)
1993 Reading 3.00%
YoY Change 0.00 pp
Bank of England
Rank #40 of 81 yrs
Bank of England Official Base Rate (United Kingdom)
1993 Reading 5.38%
YoY Change -1.50 pp
Bank of Japan
Rank #48 of 75 yrs
Bank of Japan Policy Interest Rate (Japan)
1993 Reading 1.75%
YoY Change -1.50 pp
Reserve Bank of Australia
Rank #29 of 51 yrs
RBA Cash Rate Target (Australia)
1993 Reading 4.75%
YoY Change -1.00 pp
Swiss National Bank
Rank #9 of 81 yrs
Swiss National Bank Policy Interest Rate (Switzerland)
1993 Reading 4.00%
YoY Change -2.00 pp
Bank of Canada
Rank #40 of 67 yrs
Bank of Canada Target Overnight Rate (Canada)
1993 Reading 4.11%
YoY Change -3.25 pp
Federal Reserve
Rank #50 of 113 yrs
United States Inflation Rate (CPI YoY %)
1993 Reading 2.96%
YoY Change -0.07 pp
Bank of England
Rank #69 of 113 yrs
United Kingdom Inflation Rate (CPI YoY %)
1993 Reading 2.55%
YoY Change -1.72 pp
Federal Reserve
Rank #34 of 113 yrs
Federal Reserve Balance Sheet Total Assets (USD)
1993 Reading $408.58B
YoY Change +$39.49B
Federal Reserve
Rank #28 of 66 yrs
United States Foreign Exchange & Gold Reserves (USD)
1993 Reading $164.62B
YoY Change +$17.09B
Federal Reserve
Rank #61 of 63 yrs
US Dollar (USD) Real Effective Exchange Rate (REER)
1993 Reading 78.09
YoY Change +1.81
Central Bank Policy Rates & Real Interest Rates in 1993 (14 Monetary Authorities)
| Rank | Central Bank | Country / CCY | 1993 Policy Rate | 1993 CPI Inflation | 1993 Ex-Post Real Rate |
|---|---|---|---|---|---|
| #1 | Central Bank of Brazil (BCB) | Brazil (BRL) | 5571.91% | 1638.74% | +3933.17% |
| #2 | National Bank of Poland (NBP) | Poland (PLN) | 33.00% | 37.12% | -4.12% |
| #3 | Reserve Bank of India (RBI) | India (INR) | 12.00% | 7.75% | +4.25% |
| #4 | South African Reserve Bank (SARB) | South Africa (ZAR) | 12.00% | 9.72% | +2.28% |
| #5 | Sveriges Riksbank (RIKSBANK) | Sweden (SEK) | 7.75% | 4.72% | +3.03% |
| #6 | Danmarks Nationalbank (DNB) | Denmark (DKK) | 6.75% | 1.22% | +5.53% |
| #7 | Bank of England (BOE) | United Kingdom (GBP) | 5.38% | 2.55% | +2.83% |
| #8 | Norges Bank (NORGES) | Norway (NOK) | 5.00% | 2.27% | +2.73% |
| #9 | Reserve Bank of New Zealand (RBNZ) | New Zealand (NZD) | 4.80% | 1.29% | +3.51% |
| #10 | Reserve Bank of Australia (RBA) | Australia (AUD) | 4.75% | 1.82% | +2.93% |
| #11 | Bank of Canada (BOC) | Canada (CAD) | 4.11% | 1.86% | +2.25% |
| #12 | Swiss National Bank (SNB) | Switzerland (CHF) | 4.00% | 3.30% | +0.70% |
| #13 | Federal Reserve (FED) | United States (USD) | 3.00% | 2.96% | +0.04% |
| #14 | Bank of Japan (BOJ) | Japan (JPY) | 1.75% | 1.26% | +0.49% |
Surrounding Decade Context (1988-1998)
| Year | Fed Funds | BoE Rate | BoJ Rate | US CPI | Context |
|---|---|---|---|---|---|
| 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. |
| 1992 | 3.00% | 6.88% | 3.25% | 3.03% | European Exchange Rate Mechanism (ERM) crisis and Black Wednesday |
| 1993 | 3.00% | 5.38% | 1.75% | 2.96% | Global monetary policy and central bank balance sheet ledger for 1993. |
| 1994 | 5.50% | 6.12% | 1.75% | 2.61% | Global bond market selloff and pre-emptive Federal Reserve tightening cycle |
| 1995 | 5.50% | 6.38% | 0.50% | 2.81% | Global monetary policy and central bank balance sheet ledger for 1995. |
| 1996 | 5.25% | 5.94% | 0.50% | 2.93% | Global monetary policy and central bank balance sheet ledger for 1996. |
| 1997 | 5.50% | 7.25% | 0.50% | 2.34% | Asian Financial Crisis triggers emergency EM currency defense hikes |
| 1998 | 4.75% | 6.25% | 0.25% | 1.55% | Global monetary policy and central bank balance sheet ledger for 1998. |