Official policy rates
Central Bank Interest Rates
The current G10 policy rates that move forex: Federal Reserve, ECB, Bank of England, Bank of Japan, RBA and Bank of Canada — with the next scheduled decision and a link to the official source.
| Central bank | Policy rate | Last decision | Last statement | Next meeting | Meeting calendar |
|---|---|---|---|---|---|
| Federal Reserve (FOMC) USD · Federal funds target range | 3.50% – 3.75% | Held | 29 Jul 2026 | ||
| European Central Bank EUR · Deposit facility rate | 2.25% | Held | 23 Jul 2026 | ||
| Bank of England GBP · Bank Rate | 3.75% | Held | 30 Jul 2026 | ||
| Bank of Japan JPY · Overnight call-rate target | ~1.00% | Held | 31 Jul 2026 | See official calendar | |
| Reserve Bank of Australia AUD · Cash rate target | 4.35% | Held | 11 Aug 2026 | ||
| Bank of Canada CAD · Overnight rate target | 2.25% | Held | 15 Jul 2026 |
Central bank rates — FAQ
The FOMC sets a target range, not a single administered print. Open the Federal Reserve card on this page for the latest official range, the last statement date, and a link to federalreserve.gov. The effective federal funds rate, published by the New York Fed, usually trades inside that range.
Each card shows the next scheduled decision from the bank's published calendar. If our economic calendar has a matching high-impact rate event, we use that timestamp so the date aligns with the news calendar. Always treat dates as tentative until the bank confirms them.
Since March 2024 the ECB steers policy through the deposit facility rate. The main refinancing operations rate and the marginal lending facility sit above it. This board quotes the deposit facility because that is the rate most cited in EUR analysis.
Educational data only. Policy rates change at scheduled meetings and can be revised. This is not personal investment advice. Verify every figure on the official central-bank page before trading.