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Annual Monetary Snapshot · 1995

Global Interest Rates & Central Bank Statistics in 1995

Global monetary policy and central bank balance sheet ledger for 1995. Inspect 11 headline monetary indicators and 14 reporting central bank policy rates recorded in 1995.

Headline Monetary Indicators in 1995

Central Bank Policy Rates & Real Interest Rates in 1995 (14 Monetary Authorities)

Rank Central Bank Country / CCY 1995 Policy Rate 1995 CPI Inflation 1995 Ex-Post Real Rate
#1 Central Bank of Brazil (BCB) Brazil (BRL) 40.25% 147.98% -107.73%
#2 National Bank of Poland (NBP) Poland (PLN) 28.00% 28.44% -0.44%
#3 South African Reserve Bank (SARB) South Africa (ZAR) 15.00% 8.73% +6.27%
#4 Reserve Bank of India (RBI) India (INR) 12.00% 9.78% +2.22%
#5 Reserve Bank of New Zealand (RBNZ) New Zealand (NZD) 9.00% 3.76% +5.24%
#6 Sveriges Riksbank (RIKSBANK) Sweden (SEK) 8.91% 2.46% +6.45%
#7 Reserve Bank of Australia (RBA) Australia (AUD) 7.50% 4.63% +2.87%
#8 Bank of England (BOE) United Kingdom (GBP) 6.38% 2.61% +3.77%
#9 Bank of Canada (BOC) Canada (CAD) 5.78% 2.15% +3.63%
#10 Federal Reserve (FED) United States (USD) 5.50% 2.81% +2.69%
#11 Norges Bank (NORGES) Norway (NOK) 4.75% 2.45% +2.30%
#12 Danmarks Nationalbank (DNB) Denmark (DKK) 4.60% 2.08% +2.52%
#13 Swiss National Bank (SNB) Switzerland (CHF) 1.50% 1.80% -0.30%
#14 Bank of Japan (BOJ) Japan (JPY) 0.50% -0.10% +0.60%

Surrounding Decade Context (1990-2000)

Year Fed Funds BoE Rate BoJ Rate US CPI Context
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.
1999 5.50% 5.50% 0.25% 2.19% Launch of the Euro and establishment of the European Central Bank (ECB)
2000 6.50% 6.00% 0.25% 3.38% Global monetary policy and central bank balance sheet ledger for 2000.