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 22, 2026 | 14.00 | 14.00 | 0.00 |
| May 20, 2026 | 14.00 | 14.00 | 0.00 |
| Mar 18, 2026 | 14.00 | 14.50 | -0.50 |
| Jan 28, 2026 | 15.50 | 16.00 | -0.50 |
| Nov 26, 2025 | 18.00 | 18.25 | -0.25 |
| Sep 18, 2025 | 21.50 | 23.00 | -1.50 |
| Sep 17, 2025 | 21.50 | 23.00 | -1.50 |
| Jul 31, 2025 | 25.00 | 27.00 | -2.00 |
| Jul 30, 2025 | 25.00 | 27.00 | -2.00 |
| May 23, 2025 | 28.00 | 28.00 | 0.00 |
| Mar 28, 2025 | 28.00 | 27.00 | +1.00 |
| Jan 27, 2025 | 27.00 | 27.00 | 0.00 |
| Nov 29, 2024 | 27.00 | 27.00 | 0.00 |
| Sep 27, 2024 | 27.00 | 28.00 | -1.00 |
| Jul 26, 2024 | 29.00 | 29.00 | 0.00 |
| May 27, 2024 | 29.00 | 29.00 | 0.00 |
| Mar 25, 2024 | 29.00 | 29.00 | 0.00 |
| Jan 29, 2024 | 29.00 | 29.00 | 0.00 |
| Nov 27, 2023 | 30.00 | 30.00 | 0.00 |