Central bank rate changes on 24 Feb 1989

On 24 Feb 1989, one central bank we track changed its policy rate: the Federal Reserve raised its Federal funds target range by 43.8 bp to 9.75 %.

Changes

Set by	Rate	Change
Federal Reserve · United States	9.75 %	↑ raised +43.8 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.