World Interest Rates: Live Central Bank Rate Table (Updated 8 Jun 2026)
Live tool, auto-updated
Last updated 8 June 2026 at 12:28 (London)
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As of 8 June 2026 at 12:28 (London), the main central bank policy rates are: United States (Federal Reserve) 3.75%, Eurozone (ECB) 2.15%, United Kingdom (Bank of England) 3.75%, Japan (Bank of Japan) 0.75%, Canada (Bank of Canada) 2.25%, Australia (RBA) 4.35%, New Zealand (RBNZ) 2.25% and Switzerland (SNB) 0.00%. The highest policy rate in the table is TRY at 40.00%. The full live table of 25+ central banks, with the latest change and next meeting date, is below.
Major central bank rates (live)
Green = last move was a hike, red = last move was a cut. The rates above update automatically from the desk’s live cross-central-bank feed, including the US, Eurozone, UK, Japan, Canada, Australia, New Zealand, Switzerland, China, India and Brazil.
Fed, next decision odds (market-implied)
The market’s implied probabilities for the Fed’s next move on 17 Jun 2026:
- -50bp cut: 0.2%
- -25bp cut: 0.6%
- no change: 99.2%
- +25bp hike: 0.3%
Source: Polymarket. The desk tracks this live.
More central banks
A wider view across the emerging and developed world. These are reviewed by the desk around each meeting.
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What is a central bank policy rate?
A policy rate is the headline interest rate a central bank sets to steer its economy. It is the rate at which the central bank lends to, or pays, the commercial banking system, and it filters out into the cost of everything: mortgages, business loans, savings and, for traders, the yield on a currency. When inflation runs hot a central bank raises the rate to cool demand; when growth weakens it cuts to support it. The level, and crucially the expected PATH, of each policy rate is the single biggest driver of currency trends.
How traders use this table
The number that moves a currency pair is not one rate on its own, it is the GAP between two central banks and the direction each is heading. A currency whose central bank is hiking, or holding higher for longer, while another is cutting, tends to strengthen against it (the carry). Watch the last-change column for momentum and the next-meeting column for the catalyst. The desk builds its FX and gold trades around this divergence every morning.
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Frequently asked questions
What is the current US interest rate?
The US Federal Reserve’s policy rate (the federal funds target) is 3.75% as of 8 June 2026 at 12:28. The Fed’s next decision is 17 Jun 2026. This page updates automatically when the rate changes.
What is the current ECB interest rate?
The European Central Bank’s policy rate is 2.15%. The ECB sets rates for the 20 eurozone countries.
What is the Bank of England base rate?
The Bank of England’s Bank Rate is 3.75%.
Which country has the highest interest rate?
In this table the highest policy rate is TRY at 40.00%. Very high rates usually reflect high inflation, and they make a currency attractive for the carry trade while the disinflation holds.
Why do interest rates move the currency?
A higher policy rate, relative to other countries, tends to attract capital and strengthen the currency, because investors earn more for holding it (the carry). What actually drives FX trends is the GAP between central banks and the direction of travel, not the absolute level. The desk trades that divergence.
How often is this table updated?
The live banks (the US, Eurozone, UK, Japan, Canada, Australia, New Zealand, Switzerland, China, India and Brazil) update automatically from the desk’s central-bank feed, so a rate change is reflected shortly after it happens. The wider list of central banks is reviewed by the desk around each meeting.
Educational tool only, not financial advice. Rates move on headlines; always confirm with the official central bank. KenMacro has commercial partnerships with some brokers referenced and may earn a commission at no extra cost to you.
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