Global Interest Rates & Central Bank Statistics in 2002
Global monetary policy and central bank balance sheet ledger for 2002. Inspect 11 headline monetary indicators and 18 reporting central bank policy rates recorded in 2002.
Headline Monetary Indicators in 2002
Federal Reserve
Rank #61 of 73 yrs
Federal Funds Effective Rate (United States)
2002 Reading 1.25%
YoY Change -0.50 pp
European Central Bank
Rank #8 of 28 yrs
ECB Main Policy Interest Rate (Euro Area)
2002 Reading 2.75%
YoY Change -0.50 pp
Bank of England
Rank #50 of 81 yrs
Bank of England Official Base Rate (United Kingdom)
2002 Reading 4.00%
YoY Change 0.00 pp
Reserve Bank of Australia
Rank #29 of 51 yrs
RBA Cash Rate Target (Australia)
2002 Reading 4.75%
YoY Change +0.50 pp
Swiss National Bank
Rank #61 of 81 yrs
Swiss National Bank Policy Interest Rate (Switzerland)
2002 Reading 0.75%
YoY Change -1.00 pp
Bank of Canada
Rank #48 of 67 yrs
Bank of Canada Target Overnight Rate (Canada)
2002 Reading 2.75%
YoY Change +0.50 pp
Federal Reserve
Rank #77 of 113 yrs
United States Inflation Rate (CPI YoY %)
2002 Reading 1.59%
YoY Change -1.24 pp
Bank of England
Rank #90 of 113 yrs
United Kingdom Inflation Rate (CPI YoY %)
2002 Reading 1.24%
YoY Change 0.00 pp
Federal Reserve
Rank #25 of 113 yrs
Federal Reserve Balance Sheet Total Assets (USD)
2002 Reading $732.06B
YoY Change +$69.76B
Federal Reserve
Rank #33 of 66 yrs
United States Foreign Exchange & Gold Reserves (USD)
2002 Reading $157.76B
YoY Change +$27.68B
Federal Reserve
Rank #17 of 63 yrs
US Dollar (USD) Real Effective Exchange Rate (REER)
2002 Reading 106.40
YoY Change -0.10
Central Bank Policy Rates & Real Interest Rates in 2002 (18 Monetary Authorities)
| Rank | Central Bank | Country / CCY | 2002 Policy Rate | 2002 CPI Inflation | 2002 Ex-Post Real Rate |
|---|---|---|---|---|---|
| #1 | Central Bank of Brazil (BCB) | Brazil (BRL) | 25.00% | 8.42% | +16.58% |
| #2 | South African Reserve Bank (SARB) | South Africa (ZAR) | 13.50% | 9.14% | +4.36% |
| #3 | Bank of Mexico (BANXICO) | Mexico (MXN) | 8.25% | 5.03% | +3.22% |
| #4 | Reserve Bank of India (RBI) | India (INR) | 7.50% | 2.47% | +5.03% |
| #5 | National Bank of Poland (NBP) | Poland (PLN) | 6.75% | 1.91% | +4.84% |
| #6 | Norges Bank (NORGES) | Norway (NOK) | 6.50% | 1.30% | +5.20% |
| #7 | Reserve Bank of New Zealand (RBNZ) | New Zealand (NZD) | 5.75% | 2.68% | +3.07% |
| #8 | People's Bank of China (PBOC) | China (CNY) | 5.31% | -0.71% | +6.02% |
| #9 | Reserve Bank of Australia (RBA) | Australia (AUD) | 4.75% | 3.01% | +1.74% |
| #10 | Bank of Korea (BOK) | South Korea (KRW) | 4.25% | 2.76% | +1.49% |
| #11 | Bank of England (BOE) | United Kingdom (GBP) | 4.00% | 1.24% | +2.76% |
| #12 | Sveriges Riksbank (RIKSBANK) | Sweden (SEK) | 3.75% | 2.16% | +1.59% |
| #13 | Central Bank of Chile (BCCH) | Chile (CLP) | 3.00% | 2.49% | +0.51% |
| #14 | Danmarks Nationalbank (DNB) | Denmark (DKK) | 2.95% | 2.43% | +0.52% |
| #15 | European Central Bank (ECB) | Euro Area (EUR) | 2.75% | 2.25% | +0.50% |
| #16 | Bank of Canada (BOC) | Canada (CAD) | 2.75% | 2.26% | +0.49% |
| #17 | Federal Reserve (FED) | United States (USD) | 1.25% | 1.59% | -0.34% |
| #18 | Swiss National Bank (SNB) | Switzerland (CHF) | 0.75% | 0.64% | +0.11% |
Surrounding Decade Context (1997-2007)
| Year | Fed Funds | BoE Rate | BoJ Rate | US CPI | Context |
|---|---|---|---|---|---|
| 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. |
| 2001 | 1.75% | 4.00% | 0.15% | 2.83% | Dot-com bust and synchronized G10 monetary easing cycle |
| 2002 | 1.25% | 4.00% | -% | 1.59% | Global monetary policy and central bank balance sheet ledger for 2002. |
| 2003 | 1.00% | 3.75% | -% | 2.27% | Global monetary policy and central bank balance sheet ledger for 2003. |
| 2004 | 2.25% | 4.75% | -% | 2.68% | Global monetary policy and central bank balance sheet ledger for 2004. |
| 2005 | 4.25% | 4.50% | -% | 3.39% | Global monetary policy and central bank balance sheet ledger for 2005. |
| 2006 | 5.25% | 5.00% | 0.25% | 3.24% | Global monetary policy and central bank balance sheet ledger for 2006. |
| 2007 | 4.25% | 5.50% | 0.50% | 2.85% | Global monetary policy and central bank balance sheet ledger for 2007. |