Central bank rate changes on 11 Jul 1985

On 11 Jul 1985, one central bank we track changed its policy rate: the Federal Reserve cut its Federal funds target range by 6.3 bp to 7.688 %.

Changes

Set by	Rate	Change
Federal Reserve · United States	7.688 %	↓ cut −6.3 bp

Dates are the day a new rate took effect. Some banks announce a few days earlier; the announcement date is shown where we know it.