The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The announcement by a central bank regarding the short-term interest rate at which it lends to commercial banks. This is the primary tool of monetary policy used to control inflation and stabilize the national economy. Changes in interest rates influence borrowing costs for consumers and businesses, affecting overall spending and investment levels.
Determined by the central bank's governing board after reviewing comprehensive economic data, including inflation trends, GDP growth, and employment figures. The decision is based on the bank's mandate to maintain price stability and support economic growth.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| May 5, 2026 | 6.50 | 6.50 | 0.00 |
| Mar 17, 2026 | 6.50 | 6.50 | 0.00 |
| Feb 3, 2026 | 6.50 | 6.50 | 0.00 |
| Dec 16, 2025 | 6.50 | 6.75 | -0.25 |
| Nov 4, 2025 | 6.75 | 6.75 | 0.00 |
| Sep 16, 2025 | 6.75 | 6.75 | 0.00 |
| Aug 5, 2025 | 6.75 | 6.75 | 0.00 |
| Jun 17, 2025 | 6.75 | 6.75 | 0.00 |
| May 6, 2025 | 6.75 | 6.75 | 0.00 |
| Mar 18, 2025 | 6.75 | 6.75 | 0.00 |
| Feb 4, 2025 | 6.75 | 7.00 | -0.25 |
| Dec 10, 2024 | 7.00 | 7.00 | 0.00 |
| Oct 29, 2024 | 7.25 | 7.25 | 0.00 |
| Sep 10, 2024 | 7.50 | 7.50 | 0.00 |
| Jul 30, 2024 | 7.75 | 8.00 | -0.25 |
| Jun 11, 2024 | 8.00 | 8.25 | -0.25 |
| Apr 30, 2024 | 8.25 | 8.25 | 0.00 |
| Mar 12, 2024 | 8.50 | 8.50 | 0.00 |
| Jan 30, 2024 | 8.75 | 9.25 | -0.50 |
| Oct 31, 2023 | 9.50 | 9.75 | -0.25 |