Global Interest Rates & Central Bank Statistics in 2007
Global monetary policy and central bank balance sheet ledger for 2007. Inspect 12 headline monetary indicators and 20 reporting central bank policy rates recorded in 2007.
Headline Monetary Indicators in 2007
Federal Reserve
Rank #33 of 73 yrs
Federal Funds Effective Rate (United States)
2007 Reading 4.25%
YoY Change -1.00 pp
European Central Bank
Rank #3 of 28 yrs
ECB Main Policy Interest Rate (Euro Area)
2007 Reading 4.00%
YoY Change +0.50 pp
Bank of England
Rank #37 of 81 yrs
Bank of England Official Base Rate (United Kingdom)
2007 Reading 5.50%
YoY Change +0.50 pp
Bank of Japan
Rank #52 of 75 yrs
Bank of Japan Policy Interest Rate (Japan)
2007 Reading 0.50%
YoY Change +0.25 pp
Reserve Bank of Australia
Rank #18 of 51 yrs
RBA Cash Rate Target (Australia)
2007 Reading 6.75%
YoY Change +0.50 pp
Swiss National Bank
Rank #26 of 81 yrs
Swiss National Bank Policy Interest Rate (Switzerland)
2007 Reading 2.75%
YoY Change +0.75 pp
Bank of Canada
Rank #35 of 67 yrs
Bank of Canada Target Overnight Rate (Canada)
2007 Reading 4.25%
YoY Change 0.00 pp
Federal Reserve
Rank #53 of 113 yrs
United States Inflation Rate (CPI YoY %)
2007 Reading 2.85%
YoY Change -0.39 pp
Bank of England
Rank #75 of 113 yrs
United Kingdom Inflation Rate (CPI YoY %)
2007 Reading 2.32%
YoY Change -0.03 pp
Federal Reserve
Rank #20 of 113 yrs
Federal Reserve Balance Sheet Total Assets (USD)
2007 Reading $890.66B
YoY Change +$20.67B
Federal Reserve
Rank #19 of 66 yrs
United States Foreign Exchange & Gold Reserves (USD)
2007 Reading $277.55B
YoY Change +$56.46B
Federal Reserve
Rank #43 of 63 yrs
US Dollar (USD) Real Effective Exchange Rate (REER)
2007 Reading 88.51
YoY Change -4.36
Central Bank Policy Rates & Real Interest Rates in 2007 (20 Monetary Authorities)
| Rank | Central Bank | Country / CCY | 2007 Policy Rate | 2007 CPI Inflation | 2007 Ex-Post Real Rate |
|---|---|---|---|---|---|
| #1 | Central Bank of Brazil (BCB) | Brazil (BRL) | 11.25% | 3.64% | +7.61% |
| #2 | South African Reserve Bank (SARB) | South Africa (ZAR) | 11.00% | 7.08% | +3.92% |
| #3 | Reserve Bank of New Zealand (RBNZ) | New Zealand (NZD) | 8.25% | 2.38% | +5.87% |
| #4 | Bank Indonesia (BI) | Indonesia (IDR) | 8.00% | 6.40% | +1.60% |
| #5 | Reserve Bank of India (RBI) | India (INR) | 7.75% | 5.02% | +2.73% |
| #6 | Bank of Mexico (BANXICO) | Mexico (MXN) | 7.57% | 3.97% | +3.60% |
| #7 | People's Bank of China (PBOC) | China (CNY) | 7.47% | 4.82% | +2.65% |
| #8 | Reserve Bank of Australia (RBA) | Australia (AUD) | 6.75% | 2.35% | +4.40% |
| #9 | Central Bank of Chile (BCCH) | Chile (CLP) | 6.00% | 4.39% | +1.61% |
| #10 | Bank of England (BOE) | United Kingdom (GBP) | 5.50% | 2.32% | +3.18% |
| #11 | Norges Bank (NORGES) | Norway (NOK) | 5.25% | 0.77% | +4.48% |
| #12 | Bank of Korea (BOK) | South Korea (KRW) | 5.00% | 2.53% | +2.47% |
| #13 | National Bank of Poland (NBP) | Poland (PLN) | 5.00% | 2.39% | +2.61% |
| #14 | Federal Reserve (FED) | United States (USD) | 4.25% | 2.85% | +1.40% |
| #15 | Bank of Canada (BOC) | Canada (CAD) | 4.25% | 2.14% | +2.11% |
| #16 | Danmarks Nationalbank (DNB) | Denmark (DKK) | 4.25% | 1.71% | +2.54% |
| #17 | European Central Bank (ECB) | Euro Area (EUR) | 4.00% | 2.13% | +1.87% |
| #18 | Sveriges Riksbank (RIKSBANK) | Sweden (SEK) | 4.00% | 2.21% | +1.79% |
| #19 | Swiss National Bank (SNB) | Switzerland (CHF) | 2.75% | 0.73% | +2.02% |
| #20 | Bank of Japan (BOJ) | Japan (JPY) | 0.50% | 0.05% | +0.45% |
Surrounding Decade Context (2002-2012)
| Year | Fed Funds | BoE Rate | BoJ Rate | US CPI | Context |
|---|---|---|---|---|---|
| 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. |
| 2008 | 0.12% | 2.00% | 0.10% | 3.85% | Global Financial Crisis drives major central banks to the zero lower bound and QE1 |
| 2009 | 0.12% | 0.50% | 0.10% | -0.34% | Global monetary policy and central bank balance sheet ledger for 2009. |
| 2010 | 0.12% | 0.50% | 0.05% | 1.64% | Global monetary policy and central bank balance sheet ledger for 2010. |
| 2011 | 0.12% | 0.50% | 0.05% | 3.15% | European Sovereign Debt Crisis and Swiss franc safe-haven surge |
| 2012 | 0.12% | 0.50% | 0.05% | 2.07% | Global monetary policy and central bank balance sheet ledger for 2012. |