WSJ Interactive Map/Graphic of Global Int. Rates
Here's a really interesting interactive WSJ map/graphic of global central bank interest rates, on a monthly basis back to May 2004. If you watch the monthly time series, you'll see that the U.S. Fed started lowering interest rates in September 2007, about a year ahead of the interest rate cuts in Europe that started in October 2008. Now the ECB has moved ahead of the Fed by raising rates this month by a quarter point to 1.25%, thus the title of the front page story that the graphic accompanies: "Europe's Rate Rise Signals End of Cheap-Money Era."