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 14, 2026 | 17.00 | 17.50 | -0.50 |
| Mar 12, 2026 | 17.50 | 17.00 | +0.50 |
| Jan 14, 2026 | 17.50 | 18.00 | -0.50 |
| Nov 18, 2025 | 18.50 | 18.50 | 0.00 |
| Sep 16, 2025 | 19.00 | 19.50 | -0.50 |
| Jul 18, 2025 | 19.50 | 19.00 | +0.50 |
| May 21, 2025 | 19.50 | 19.00 | +0.50 |
| Mar 18, 2025 | 19.50 | 19.00 | +0.50 |
| Jan 21, 2025 | 19.50 | 19.50 | 0.00 |
| Nov 19, 2024 | 19.50 | 19.50 | 0.00 |
| Sep 19, 2024 | 19.50 | 19.50 | 0.00 |
| Jul 19, 2024 | 19.50 | 19.50 | 0.00 |
| May 17, 2024 | 19.50 | 19.00 | +0.50 |
| Mar 15, 2024 | 19.00 | 18.00 | +1.00 |
| Jan 19, 2024 | 18.00 | 18.00 | 0.00 |
| Nov 21, 2023 | 18.00 | 19.00 | -1.00 |