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 6, 2026 | 6.50 | 6.50 | 0.00 |
| Jun 25, 2026 | 6.50 | 6.50 | 0.00 |
| May 7, 2026 | 6.50 | 6.50 | 0.00 |
| Mar 26, 2026 | 6.75 | 7.00 | -0.25 |
| Feb 5, 2026 | 7.00 | 7.00 | 0.00 |
| Dec 18, 2025 | 7.00 | 7.00 | 0.00 |
| Nov 6, 2025 | 7.25 | 7.25 | 0.00 |
| Sep 25, 2025 | 7.50 | 7.50 | 0.00 |
| Aug 7, 2025 | 7.75 | 7.75 | 0.00 |
| Jun 26, 2025 | 8.00 | 8.00 | 0.00 |
| May 15, 2025 | 8.50 | 8.50 | 0.00 |
| Mar 27, 2025 | 9.00 | 9.00 | 0.00 |
| Feb 6, 2025 | 9.50 | 9.50 | 0.00 |
| Dec 19, 2024 | 10.00 | 10.00 | 0.00 |
| Nov 14, 2024 | 10.25 | 10.25 | 0.00 |
| Sep 26, 2024 | 10.50 | 10.50 | 0.00 |
| Aug 8, 2024 | 10.75 | 11.00 | -0.25 |
| Jun 27, 2024 | 11.00 | 11.00 | 0.00 |
| May 9, 2024 | 11.00 | 11.00 | 0.00 |
| Mar 21, 2024 | 11.00 | 11.00 | 0.00 |
| Feb 8, 2024 | 11.25 | 11.25 | 0.00 |
| Dec 14, 2023 | 11.25 | 11.25 | 0.00 |
| Nov 9, 2023 | 11.25 | 11.25 | 0.00 |
| Sep 28, 2023 | 11.25 | 11.25 | 0.00 |
| Aug 10, 2023 | 11.25 | 11.25 | 0.00 |
| Jun 22, 2023 | 11.25 | 11.25 | 0.00 |
| May 18, 2023 | 11.25 | 11.25 | 0.00 |
| Mar 30, 2023 | 11.25 | 11.25 | 0.00 |
| Feb 9, 2023 | 11.00 | 10.75 | +0.25 |
| Dec 15, 2022 | 10.50 | 10.50 | 0.00 |
| Nov 10, 2022 | 10.00 | 10.00 | 0.00 |
| Sep 29, 2022 | 9.25 | 9.25 | 0.00 |
| Aug 11, 2022 | 8.50 | 8.50 | 0.00 |
| Jun 23, 2022 | 7.75 | 7.75 | 0.00 |
| May 12, 2022 | 7.00 | 7.00 | 0.00 |
| Mar 24, 2022 | 6.50 | 6.50 | 0.00 |
| Feb 10, 2022 | 6.00 | 6.00 | 0.00 |
| Dec 16, 2021 | 5.50 | 5.25 | +0.25 |
| Nov 11, 2021 | 5.00 | 5.00 | 0.00 |
| Sep 30, 2021 | 4.75 | 4.75 | 0.00 |