Central bank rate changes on 16 Aug 1994

On 16 Aug 1994, one central bank we track changed its policy rate: the Federal Reserve raised its Federal funds target range by 50 bp to 4.75 %.

Changes

Set by	Rate	Change
Federal Reserve · United States	4.75 %	↑ raised +50 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.