2020  Chart 2  Policy Interest Rates in the United States and Europe 6  % United States  5  Euro area United Kingdom  4 3 2 1 0 -1 CY 18  19  20  21  22  23  Note: Figures for the United States are the medians of the target ranges for the federal funds rate.
Those for the euro area are the rates on the deposit facility. The latest figures for June 2023 are as of June 15. Sources: BIS; BOE; ECB; FRB.