This statistic details the cuts in benchmark interest rates carried out by various countries to mitigate the impact of the coronavirus on their economies in 2020. As of March, the United States was the country analyzed that had reduced its benchmark interest rates the most, by *** basis points, to address the impact of COVID-19 and ensure economic stability in the face of the risk of a sharp recession. Following this were Turkey and Canada, both with a decrease of 100 basis points. In the case of the eurozone countries, no measures had yet been taken in this regard.
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Bank of Spain. (March 26, 2020). Cuts in benchmark interest rates to mitigate the impact of the coronavirus on the economy of selected countries in 2020 (in basis points) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1639307/covid-19-decrease-in-reference-interest-rate-in-selected-countries-in-2020/
Bank of Spain. "Cuts in benchmark interest rates to mitigate the impact of the coronavirus on the economy of selected countries in 2020 (in basis points)." Chart. March 26, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1639307/covid-19-decrease-in-reference-interest-rate-in-selected-countries-in-2020/
Bank of Spain. (2020). Cuts in benchmark interest rates to mitigate the impact of the coronavirus on the economy of selected countries in 2020 (in basis points). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1639307/covid-19-decrease-in-reference-interest-rate-in-selected-countries-in-2020/
Bank of Spain. "Cuts in Benchmark Interest Rates to Mitigate The Impact of The Coronavirus on The Economy of Selected Countries in 2020 (in Basis Points)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 26 Mar 2020, /statistics/1639307/covid-19-decrease-in-reference-interest-rate-in-selected-countries-in-2020/
Bank of Spain, Cuts in benchmark interest rates to mitigate the impact of the coronavirus on the economy of selected countries in 2020 (in basis points) ÌÇÐÄÆƽâ°æ, /statistics/1639307/covid-19-decrease-in-reference-interest-rate-in-selected-countries-in-2020/ (last visited July 28, 2026)
Cuts in benchmark interest rates to mitigate the impact of the coronavirus on the economy of selected countries in 2020 (in basis points) [Graph], Bank of Spain, March 26, 2020. [Online]. Available: /statistics/1639307/covid-19-decrease-in-reference-interest-rate-in-selected-countries-in-2020/
