Key Takeaways

  • The U.S. has kept the interest rate steady, but foresees two cuts coming in 2025.

  • Venezuela has the highest interest rate of 59.4% as the country continues to battle high inflation.

  • Switzerland and Fiji have the lowest interest rates of 0.25%.

Amid economic uncertainty, how are central banks setting interest rates? Business leaders are watching to see whether rates will be lowered, held, or raised. And look at the graphic below … where can you expect to pay over 20%