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 |
|---|---|---|---|
| Nov 18, 2026 | — | 6.00 | — |
| Sep 28, 2026 | 6.00 | 5.50 | +0.50 |
| Aug 19, 2026 | 5.50 | 5.50 | 0.00 |
| Jun 29, 2026 | 5.50 | 5.50 | 0.00 |
| May 20, 2026 | 5.50 | 5.50 | 0.00 |
| Mar 31, 2026 | 5.50 | 5.50 | 0.00 |
| Feb 23, 2026 | 5.50 | 5.75 | -0.25 |
| Dec 18, 2025 | 5.75 | 5.50 | +0.25 |
| Nov 24, 2025 | 5.75 | 5.75 | 0.00 |
| Sep 29, 2025 | 5.75 | 5.50 | +0.25 |
| Aug 20, 2025 | 5.75 | 5.75 | 0.00 |
| Jun 30, 2025 | 5.75 | 5.75 | 0.00 |
| May 20, 2025 | 5.75 | 6.00 | -0.25 |
| Mar 27, 2025 | 6.00 | 6.00 | 0.00 |
| Feb 20, 2025 | 6.00 | 5.75 | +0.25 |
| Dec 20, 2024 | 6.00 | 6.25 | -0.25 |
| Nov 21, 2024 | 6.25 | 6.25 | 0.00 |
| Sep 30, 2024 | 6.50 | 6.50 | 0.00 |
| Aug 20, 2024 | 6.75 | 6.50 | +0.25 |
| Jun 28, 2024 | 7.00 | 7.00 | 0.00 |
| May 20, 2024 | 7.00 | 7.00 | 0.00 |
| Mar 28, 2024 | 7.00 | 7.00 | 0.00 |
| Feb 20, 2024 | 7.00 | 7.00 | 0.00 |
| Dec 20, 2023 | 7.00 | 7.00 | 0.00 |
| Nov 21, 2023 | 7.00 | 7.00 | 0.00 |
The latest reading is within its usual range, less than one standard deviation from the mean.