Stay updated with complimentary notifications
Subscribe to the Global Economy myFT Digest for the latest updates directly to your email inbox.
Central banks worldwide are anticipated to reduce interest rates as global inflation subsides from the multi-decade peaks recorded in numerous countries in recent years.
Several institutions, particularly in emerging markets, have already commenced rate cuts, with many more expected to follow suit this year, including the US Federal Reserve, the European Central Bank, and the Bank of England.
The FT global inflation and interest rates tracker presents an updated visual representation of consumer price inflation and central bank policy rates across the globe.
This page delves into the factors influencing policymakers’ choices on interest rates, illustrating how central banks reacted to surging prices by collectively raising interest rates.
The hike in interest rates has helped alleviate the rapid pace of inflation that swept across the globe in the last three years during the pandemic and Ukraine conflict.
While inflation has receded in most nations from its peak, many policymakers caution that reaching central banks’ target—typically 2 percent in most advanced economies—will be challenging.
This page allows you to track inflation and interest rates in various individual countries.
This page also monitors indicators closely watched for insights into the future trends of inflation and policy rates.
Recent data from major economies indicate that inflation remains elevated in some nations, excluding food and energy, a critical gauge of underlying price pressures.
Wholesale energy costs offer a timely assessment of the price pressures consumers may encounter in the upcoming months.
The surge in energy prices was the primary driver of inflation in several countries recently, but gas and electricity expenses have now retreated from their peaks during the energy crisis following Russia’s invasion of Ukraine.
This page also tracks the yields on 2-year government bond yields, which are significantly impacted by market expectations of interest rates in that period.
Asset prices, particularly housing, have been a point of concern. Home prices surged in numerous countries during the pandemic, but elevated mortgage rates have led to a significant deceleration in house price growth in several nations.
