In the left-hand chart, figures are based on national statistics compiled by the OECD. 2. In the right-hand chart, figures for the United States are the federal funds target rate or the medians of the target ranges. Those prior to July 1995 are monthly averages of the effective federal funds rate. Figures for the euro area are the rates on the deposit facility.
Sources: Haver; Bloomberg. 20  10  Chart 11  II.