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The benchmark rate is now 1 percent.
Central bankers left the benchmark rate unchanged.
The Fed increased its benchmark rate to 4.75percentt.
The move takes the ECB's benchmark rate to 1.5%.
Britain's central bank kept its benchmark rate at 4percentt.
Interest rates remain high: the benchmark rate is 9.75%.
Its benchmark rate has stood at 1% since December.
The Swiss central bank unexpectedly cut its benchmark rate today, by a half point.
The bank's benchmark rate has increased by 2.25 percentage points, to 4.75percentt, raising borrowing costs.
The benchmark rate is now at a 40-year low of 1.75percentt.
The European Central Bank's benchmark rate is twice the Federal Reserve's target lending rate.
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