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 |
|---|---|---|---|
| Sep 30, 2026 | — | 12.00 | — |
| Jul 31, 2026 | 12.00 | 12.50 | -0.50 |
| Jun 30, 2026 | 12.00 | 11.75 | +0.25 |
| Apr 30, 2026 | 11.25 | 11.75 | -0.50 |
| Mar 31, 2026 | 11.25 | 11.25 | 0.00 |
| Jan 30, 2026 | 10.25 | 9.75 | +0.50 |
| Dec 19, 2025 | 9.25 | 9.25 | 0.00 |
| Oct 31, 2025 | 9.25 | 9.25 | 0.00 |
| Sep 30, 2025 | 9.25 | 9.25 | 0.00 |
| Aug 1, 2025 | 9.25 | 9.00 | +0.25 |
| Jul 31, 2025 | 9.25 | 9.00 | +0.25 |
| Jun 27, 2025 | 9.25 | 9.25 | 0.00 |
| Apr 30, 2025 | 9.25 | 9.50 | -0.25 |
| Mar 31, 2025 | 9.50 | 9.25 | +0.25 |
| Jan 31, 2025 | 9.50 | 9.25 | +0.25 |
| Dec 20, 2024 | 9.50 | 9.25 | +0.25 |
| Oct 31, 2024 | 9.75 | 9.75 | 0.00 |
| Sep 30, 2024 | 10.25 | 10.50 | -0.25 |
| Jul 31, 2024 | 10.75 | 10.75 | 0.00 |
| Jun 28, 2024 | 11.25 | 11.25 | 0.00 |
| Apr 30, 2024 | 11.75 | 11.75 | 0.00 |
| Mar 22, 2024 | 12.25 | 12.25 | 0.00 |
| Jan 31, 2024 | 12.75 | 12.50 | +0.25 |
| Dec 19, 2023 | 13.00 | 13.00 | 0.00 |
| Oct 31, 2023 | 13.25 | 13.25 | 0.00 |
| Sep 29, 2023 | 13.25 | — | — |
| Jul 31, 2023 | 13.25 | 13.25 | 0.00 |
| Jun 30, 2023 | 13.25 | 13.25 | 0.00 |
| Apr 28, 2023 | 13.25 | 13.00 | +0.25 |
| Mar 30, 2023 | 13.00 | 13.00 | 0.00 |
| Jan 27, 2023 | 12.75 | 13.00 | -0.25 |
| Dec 16, 2022 | 12.00 | 12.00 | 0.00 |
| Oct 28, 2022 | 11.00 | 11.00 | 0.00 |
| Sep 29, 2022 | 10.00 | 10.25 | -0.25 |
| Jul 29, 2022 | 9.00 | 9.00 | 0.00 |
| Jun 30, 2022 | 7.50 | 7.50 | 0.00 |
| Apr 29, 2022 | 6.00 | 6.00 | 0.00 |
| Mar 31, 2022 | 5.00 | 5.50 | -0.50 |
| Jan 28, 2022 | 4.00 | 3.75 | +0.25 |
| Dec 17, 2021 | 3.00 | 3.00 | 0.00 |
| Nov 26, 2021 | 2.50 | — | — |
| Oct 29, 2021 | 2.50 | 2.25 | +0.25 |
| Sep 30, 2021 | 2.00 | 2.00 | 0.00 |
