Central bank rate changes on 7 Jul 1989

On 7 Jul 1989, one central bank we track changed its policy rate: the Federal Reserve cut its Federal funds target range by 25 bp to 9.313 %.

Changes

Set by	Rate	Change
Federal Reserve · United States	9.313 %	↓ cut −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.