Central bank rate changes on 3 Sep 1987

On 3 Sep 1987, one central bank we track changed its policy rate: the Federal Reserve raised its Federal funds target range by 12.5 bp to 6.875 %.

Changes

Set by	Rate	Change
Federal Reserve · United States	6.875 %	↑ raised +12.5 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.