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 21, 2026 | 26.50 | 26.50 | 0.00 |
| May 20, 2026 | 26.50 | 26.50 | 0.00 |
| Feb 24, 2026 | 26.50 | 25.00 | +1.50 |
| Nov 25, 2025 | 27.00 | 26.00 | +1.00 |
| Sep 23, 2025 | 27.00 | 27.00 | 0.00 |
| Jul 22, 2025 | 27.50 | 27.50 | 0.00 |
| May 20, 2025 | 27.50 | 27.50 | 0.00 |
| Feb 20, 2025 | 27.50 | 27.50 | 0.00 |
| Nov 26, 2024 | 27.50 | 27.25 | +0.25 |
| Sep 24, 2024 | 27.25 | 26.75 | +0.50 |
| Jul 23, 2024 | 26.75 | 26.25 | +0.50 |
| May 21, 2024 | 26.25 | 25.75 | +0.50 |
| Mar 26, 2024 | 24.75 | 24.75 | 0.00 |
| Feb 27, 2024 | 22.75 | 21.00 | +1.75 |