Central bank rate changes on 19 Oct 1989

On 19 Oct 1989, one central bank we track changed its policy rate: the Federal Reserve cut its Federal funds target range by 31.3 bp to 8.75 %.

Changes

Set by	Rate	Change
Federal Reserve · United States	8.75 %	↓ cut −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.