What Is a Key Rate?

The key interest rate is a collective term, rather than a definite interest rate, because some of the country's various interest rates are very critical and important.

Key rate

Right!

The key interest rate is a collective term, rather than a definite interest rate, because some of the country's various interest rates are very critical and important.

These changes in interest rates will directly or indirectly affect changes in other interest rates, which will have a greater impact on all levels of society and the economy, including: the central bank's benchmark interest rate, one-year deposit interest rate, refinancing interest rate, bank interbank lending rate, repurchase And reverse repo rates.