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<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"> <html> <head> <link rel="icon" type="image/x-icon" href="/images/favicon.ico"> <title>Measuring Worth - Interest Rates for UK and US</title> <meta http-equiv="Content-Type" content="text/html; charset=UTF-8"> <link href="/includes/styles.css" rel="stylesheet" type="text/css"> <meta name="keywords" content="measuring worth, inflation rates, saving calculator, relative value, worth of a dollar, worth of a pound, purchasing power, gold prices, GDP, history of wages, average wage, real wage, growth calculator, stock prices, historic stock prices, exchange calculator, stock growth rates, how much is that worth, CPI, RPI, exchange rates, relative worth, consumer bundle, interest rates, S&P accumulation, history of gold prices"> <script type="text/JavaScript">  </script> </head> <body> <div id="container"> <link rel="icon" type="image/x-icon" href="/images/favicon.ico">  <div id="header"> <div style="height:70px;padding-top:20px;"><a href="/index.php" title="MeasuringWorth.com"><img src="/images/logo.png" alt="Measuring Worth, inflation rates, saving calculator, relative value, worth of a dollar, worth of a pound, purchasing power, gold prices, GDP, history of wages, average wage, real wage, growth calculator" width="400" height="43" vspace="10" border="0" align="left" ></a></div> <ul class="menudd"> <li><a href="/index.php">HOME</a></li> <li><a href="/aboutus.php">ABOUT US</a> <ul> <li><a href="/2020x-citations-with-links.html" class="documents">CITATIONS</a></li> </ul> </li> <li><a href="/guide.php">USER GUIDES</a> <ul> <li><a href="/guide.php" class="documents">GUIDE</a></li> <li><a href="/tutorials.php" class="messages">TUTORIALS</a></li> </ul> </li> <li><a href="/glossary/index.php">GLOSSARY & FAQ</a> <ul> <li><a href="/glossary/index.php" class="documents">GLOSSARY</a></li> <li><a href="/glossary/index.php#faq" class="messages">FAQ</a></li> </ul> </li> <li><a href="/essays.php">ESSAYS</a> <ul> <li><a style="width:400px;" href="/explaining_measures_of_worth.php" class="documents">MEASURES OF WORTH</a></li> <li><a style="width:400px;" href="/slavery.php" class="messages">MEASURING SLAVERY</a></li> <li><a style="width:400px;" href="/Presidents.php" class="documents">THE RELATIVE PERFORMANCE OF PRESIDENTS</a></li> <li><a style="width:400px;" href="/parable-two-workers.php" class="messages">PARABLE OF SAVING</a></li> <li><a style="width:400px;" href="/uk-gdp-volatility.php" class="messages">THE VOLATILITY OF THE UK GDP</a></li> </ul></li> <li><a href="/contribute_donate.php">SUPPORT US</a></li> <li><a href="/sendcomment.php">CONTACT US</a></li> </ul> <p class="blog-announcement"> </p> </div>  <style type="text/css"> /* HOW TO CREATE A CSS3 DROPDOWN MENU [TUTORIAL] "How to create a CSS3 Dropdown Menu [Tutorial]" was specially made for DesignModo by our friend Valeriu Timbuc. 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The rates presented here are not those associated with common experiences such as obtaining a mortgage or receiving interest on a bank account, but rather they are the rates that set the tone for determining these ordinary rates.</p> <p>There are two short-term and one long-term series presented for each country and they are reported from both a contemporary and consistent standpoint. The series are: <ul> <li><b>United Kingdom</b><br/>           Short-Term Interest Rates<br/>           Ordinary Funds (1790-present)<br/>           Surplus Funds (1855-present)<br/>           Long-Term Interest Rate (1729-present)</li> <li><b>United States</b> <br/>           Short-Term Interest Rates<br/>           Ordinary Funds (1831-present)<br/>           Surplus Funds (1857-present)<br/>           Long-Term Interest Rate (1798-present)</li> </ul> <p><strong>Source Document</strong> For an explination of the sources of the data see <a href="#" class="content" onClick="MM_openBrWindow('sources2.php','','scrollbars=yes,resizable=yes,width=600,height=700')"> "Interest Rate Sources"</a> </p> <p>Prior to using the data presented in any of these series, we strongly recommend that you read the <a href="#" class="content" onClick="MM_openBrWindow('intguide.php','','scrollbars=yes,resizable=yes,width=600,height=700')"> "Guide to What Was the Interest Rate Then?"</a> This guide, only three pages in length, is oriented to the general reader but is also a useful summary of the interest-rate material for the scholar. The serious scholar or specialist should also read <a href="#" class="content" onClick="MM_openBrWindow('intstudy.pdf','','scrollbars=yes,resizable=yes,width=600,height=700')"> "What Was the Interest Rate Then? A Data Study." (382K PDF)</a> This 109-page monograph describes fully the generation and characteristics of the series in <b>What Was the Interest Rate Then?</b>, enables the scholar to interpret the series, and provides information permitting the scholar to alter the series as required for his or her own purposes.</p> <br /> <p> Please read our <a href="#" class="content" onClick="MM_openBrWindow('/includes/datarevisionsnote.php','','scrollbars=no,resizable=yes,width=450,height=300')"> Note on Data Revisions</a>.<br> <br> </p> <center><h4>Citation</h4></center> <p align="center">Lawrence H. Officer, "What Was the Interest Rate Then?" MeasuringWorth, <script>document.write(new Date().getFullYear())</script><br> URL: http://www.measuringworth.com/interestrates/</p> <hr /><p> Please <a href="/sendcomment.php" class="content" title="Let us know how we can be more helpful">let us know</a> if and how this discussion has assisted you in using our calculators.<br><br></p> </div> </div>  <div id="navigation">      <a href="/blog.php" target="_blank"><img style="width:200px;" src="/images/blog-read.png"></a> <br> <a class='navigation' href="/calculators/index.php" title="Calculate purchasing power, savings growth, stock growth rates and more">THE COMPARATORS</a><br> <div class='submenu'> <a class='submenu' title="Measuring Worth - Annualized Growth Rates" href='/growth/'>Annualized Growth Rates</a><br> <a class='submenu' title="US Purchasing Power" href='/ppowerus/'>Purchasing Power Today - US $</a><br> <a class='submenu' title="US Relative Values" href='/uscompare/'>Relative Values - US $</a><br> <a class='submenu' title="UK Relative Values" href='/ukcompare/'>Relative Values - UK £</a><br> <a class='submenu' title="Australian Relative Values" href='/australiacompare/'>Relative Values - Australia £ and $</a><br> <a class='submenu' title="Australian Relative Values" href='/spaincompare/'>Relative Values - Spain</a><br> <a class='submenu' title="Convert dollars to pounds" href='/exchange/'>Conversion ($ and £)</a><br> <a class='submenu' title="UK Purchasing Power" href='/ppoweruk/'>Purchasing Power - UK £</a><br> <a class='submenu' title="US Savings Growth" href='/ussave/'>Savings Growth - US $</a><br> <a class='submenu' title="US Savings Growth" href='/401k&IRA/'>401k & IRA Growth - US</a><br> <a class='submenu' title="Calculate inflation rates" href='/inflation/'>Inflation Rates</a><br> <a class='submenu' title="Stock Growth Rates - DJIA, SP500 & NASDAQ" href='/DJIA_SP_NASDAQ/'>Stock Growth Rates<br />  (DJIA, SP500 & NASDAQ)</a> </div> <a class='navigation' title="Graph the value of things over time" href="/graphs/">GRAPHS</a><br> <a class='navigation' title="Data sets for measuring worth" href="/datasets/index.php">DATA SETS</a><br> <div class='submenu'> <a class='submenu' title="US GDP over time" href='/usgdp/'>GDP - US </a><br> <a class='submenu' title="US CPI over time" href='/uscpi/'>CPI - US</a><br> <a class='submenu' title="US wage over time" href='/uswage/'>Wage - US</a><br> <a class='submenu' title="US Consumer Bundle over time" href='/consumer/'>Consumer Bundle - US</a><br> <a class='submenu' title="UK GDP over time" href='/ukgdp/'>GDP - UK </a><br> <a class='submenu' title="UK RPI & earnings over time" href='/ukearncpi/'>RPI & Earnings - UK</a><br> <a class='submenu' title="Spain GDP over time" href='/spaingdp/'>GDP, Prices & Wages - Spain </a><br> <a class='submenu' title="Australia GDP, Prices & Stocks over time" href='/datasets/australiadata/'>GDP, Prices & Stocks - Australia</a><br> <a class='submenu' title="Chinese GDP & Prices over time" href='/auswages/'>Wages - Australia </a><br> <a class='submenu' title="US SAP over time" href='/datasets/sap/'>Annual S&P Index</a><br> <a class='submenu' title="Daily DJA over time" href='/datasets/DJA/index.php'>Daily DJA</a><br> <a class='submenu' title="price of gold over time" href='/gold/'>Price of Gold</a><br> <a class='submenu' title="US & UK Interest Rates over time" href='/interestrates/'>Interest Rates - US & UK</a><br> <a class='submenu' title="Dollar Exchange Rates over time" href='/exchangeglobal/'>Dollar Exchange Rates</a><br> <a class='submenu' title="Dollar-Pound Exchange Rate over time" href='/exchangepound/'>Dollar-Pound Exchange Rate</a> </div> <a class='navigation' title="Data sets for measuring worth" href="/newsletter.php">SIGN UP FOR ANNOUNCEMENTS</a><br>  </div>   <div id="footer"> <div class="footer-header">MeasuringWorth is a service for calculating relative worth over time.</div> <p><a class='footer' href="../index.php" title="Measuring Worth home page">Home</a> | <a class='footer' href="/aboutus.php" title="Learn more about the Measuring Worth project">About Us</a> | <a class='footer' href="/sendcomment.php" title="Contact the Measuring Worth staff">Contact Us</a> | <a class='footer' href="/contribute_donate.php" title="Contribute to the Measuring Worth project">Support Our Work</a><br /><br /> Copyright © <script>document.write(new Date().getFullYear())</script> MeasuringWorth. 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