Insights
- The United States Fed Funds Interest Rate fell to 3% in September 2025, down from 4.5% in July 2025.
- Canada's interest rate decreased to 2.5% in September 2025 from 2.75% in July 2025. The reduction followed weakening economic signs including a 66,000 job decline in August and a rise in the unemployment rate to 7.1%.
- Brazil's interest rate held at 15% in September 2025, unchanged from July 2025. This sustained rate reflects persistent inflation, expected at 4.8% for 2025 and 3.6% for 2026 which is above the central bank's target.