Central bank rate changes on 22 May 1987

On 22 May 1987, one central bank we track changed its policy rate: the Federal Reserve raised its Federal funds target range by 25 bp to 6.75 %.

Changes

Set by	Rate	Change
Federal Reserve · United States	6.75 %	↑ raised +25 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.