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 |
|---|---|---|---|
| Aug 20, 2026 | 19.00 | 19.00 | 0.00 |
| Jul 9, 2026 | 19.00 | 19.00 | 0.00 |
| May 21, 2026 | 19.00 | 19.00 | 0.00 |
| Feb 12, 2026 | 19.00 | 19.00 | 0.00 |
| Dec 25, 2025 | 20.00 | 20.00 | 0.00 |
| Nov 20, 2025 | 21.00 | 20.50 | +0.50 |
| Oct 2, 2025 | 21.00 | 22.00 | -1.00 |
| Aug 28, 2025 | 22.00 | 22.00 | 0.00 |
| Jul 10, 2025 | 24.00 | 24.00 | 0.00 |
| May 22, 2025 | 24.00 | 23.75 | +0.25 |
| Apr 17, 2025 | 25.50 | 25.25 | +0.25 |
| Feb 20, 2025 | 27.25 | 27.25 | 0.00 |
| Nov 21, 2024 | 27.25 | 27.25 | 0.00 |
| Oct 17, 2024 | 27.25 | 27.25 | 0.00 |
| Sep 5, 2024 | 27.25 | 27.25 | 0.00 |
| Jul 18, 2024 | 27.25 | 27.25 | 0.00 |
| May 23, 2024 | 27.25 | 27.25 | 0.00 |
| Mar 6, 2024 | 27.25 | — | — |
| Feb 1, 2024 | 21.25 | 19.25 | +2.00 |
| Dec 21, 2023 | 19.25 | 19.25 | 0.00 |
| Nov 2, 2023 | 19.25 | 19.25 | 0.00 |
