Central bank rate changes on 5 Jan 1989

On 5 Jan 1989, one central bank we track changed its policy rate: the Federal Reserve raised its Federal funds target range by 31.3 bp to 9.00 %.

Changes

Set by	Rate	Change
Federal Reserve · United States	9.00 %	↑ raised +31.3 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.