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 |
|---|---|---|---|
| Jul 28, 2026 | 4.50 | 4.50 | 0.00 |
| Jun 16, 2026 | 4.50 | 4.50 | 0.00 |
| Apr 28, 2026 | 4.50 | 4.50 | 0.00 |
| Mar 24, 2026 | 4.50 | 4.50 | 0.00 |
| Jan 27, 2026 | 4.50 | 4.50 | 0.00 |
| Dec 16, 2025 | 4.50 | 4.50 | 0.00 |
| Oct 28, 2025 | 4.75 | 4.75 | 0.00 |
| Sep 9, 2025 | 4.75 | 4.75 | 0.00 |
| Jul 29, 2025 | 4.75 | 4.75 | 0.00 |
| Jun 17, 2025 | 5.00 | 5.00 | 0.00 |
| Apr 29, 2025 | 5.00 | 5.00 | 0.00 |
| Mar 21, 2025 | 5.00 | 5.00 | 0.00 |
| Jan 28, 2025 | 5.00 | 5.00 | 0.00 |
| Dec 17, 2024 | 5.00 | 5.00 | 0.00 |
| Oct 17, 2024 | 5.25 | 5.25 | 0.00 |
| Sep 3, 2024 | 5.50 | 5.50 | 0.00 |
| Jul 31, 2024 | 5.75 | 5.50 | +0.25 |
| Jun 18, 2024 | 5.75 | 5.75 | 0.00 |
| May 23, 2024 | 6.00 | 6.00 | 0.00 |
| Apr 2, 2024 | 6.50 | 6.50 | 0.00 |
| Jan 31, 2024 | 7.25 | 7.25 | 0.00 |
| Dec 19, 2023 | 8.25 | 8.50 | -0.25 |
| Oct 26, 2023 | 9.00 | 8.75 | +0.25 |