About This Chart

This chart compares current policy rates (actual) against model-implied theoretical rates across major central banks. The gap between actual and theoretical reveals each bank’s policy stance:

• Rate above theoretical = Restrictive stance
• Rate below theoretical = Accommodative stance
• Rate near theoretical = Neutral stance

Central banks included: Federal Reserve, European Central Bank, Bank of England, Reserve Bank of Australia, Bank of Canada, Bank of Japan, and Reserve Bank of India.

The chart auto-updates with every data refresh.