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 23, 2026 | — | 5.75 | — |
| Aug 19, 2026 | 5.75 | 5.75 | 0.00 |
| Jul 22, 2026 | 5.75 | 6.00 | -0.25 |
| Jun 18, 2026 | 5.75 | 5.75 | 0.00 |
| Jun 9, 2026 | 5.50 | — | — |
| May 20, 2026 | 5.25 | 5.00 | +0.25 |
| Apr 22, 2026 | 4.75 | 4.75 | 0.00 |
| Mar 17, 2026 | 4.75 | 4.75 | 0.00 |
| Feb 19, 2026 | 4.75 | 4.75 | 0.00 |
| Jan 21, 2026 | 4.75 | 4.75 | 0.00 |
| Dec 17, 2025 | 4.75 | 4.75 | 0.00 |
| Nov 19, 2025 | 4.75 | 4.75 | 0.00 |
| Oct 22, 2025 | 4.75 | 4.50 | +0.25 |
| Sep 17, 2025 | 4.75 | 5.00 | -0.25 |
| Aug 20, 2025 | 5.00 | 5.25 | -0.25 |
| Jul 16, 2025 | 5.25 | 5.25 | 0.00 |
| Jun 18, 2025 | 5.50 | 5.50 | 0.00 |
| May 21, 2025 | 5.50 | 5.50 | 0.00 |
| Apr 23, 2025 | 5.75 | 5.75 | 0.00 |
| Mar 19, 2025 | 5.75 | 5.75 | 0.00 |
| Feb 19, 2025 | 5.75 | 5.75 | 0.00 |
| Jan 15, 2025 | 5.75 | 6.00 | -0.25 |
| Dec 18, 2024 | 6.00 | 6.00 | 0.00 |
| Nov 20, 2024 | 6.00 | 6.00 | 0.00 |
| Oct 16, 2024 | 6.00 | 6.00 | 0.00 |
| Sep 18, 2024 | 6.00 | 6.25 | -0.25 |
| Aug 21, 2024 | 6.25 | 6.25 | 0.00 |
| Jul 17, 2024 | 6.25 | 6.25 | 0.00 |
| Jun 20, 2024 | 6.25 | 6.25 | 0.00 |
| May 22, 2024 | 6.25 | 6.25 | 0.00 |
| Apr 24, 2024 | 6.25 | 6.00 | +0.25 |
| Mar 20, 2024 | 6.00 | 6.00 | 0.00 |
| Feb 21, 2024 | 6.00 | 6.00 | 0.00 |
| Jan 17, 2024 | 6.00 | 6.00 | 0.00 |
| Dec 21, 2023 | 6.00 | 6.00 | 0.00 |
| Nov 23, 2023 | 6.00 | 6.00 | 0.00 |
| Oct 19, 2023 | 6.00 | 5.75 | +0.25 |
| Sep 21, 2023 | 5.75 | 5.75 | 0.00 |
| Aug 24, 2023 | 5.75 | 5.75 | 0.00 |
| Jul 25, 2023 | 5.75 | 5.75 | 0.00 |
| Jun 22, 2023 | 5.75 | 5.75 | 0.00 |
| May 25, 2023 | 5.75 | 5.75 | 0.00 |
| Apr 18, 2023 | 5.75 | 5.75 | 0.00 |
| Mar 16, 2023 | 5.75 | 5.75 | 0.00 |
| Feb 16, 2023 | 5.75 | 5.75 | 0.00 |
| Jan 19, 2023 | 5.75 | 5.75 | 0.00 |
| Dec 22, 2022 | 5.50 | 5.50 | 0.00 |
| Nov 17, 2022 | 5.25 | 5.00 | +0.25 |
| Oct 20, 2022 | 4.75 | 4.75 | 0.00 |
| Sep 22, 2022 | 4.25 | 4.00 | +0.25 |
| Aug 23, 2022 | 3.75 | 3.50 | +0.25 |
