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 13, 2026 | 4.25 | 4.25 | 0.00 |
| Jun 18, 2026 | 4.25 | 4.25 | 0.00 |
| May 7, 2026 | 4.25 | 4.00 | +0.25 |
| Mar 26, 2026 | 4.00 | 4.00 | 0.00 |
| Jan 22, 2026 | 4.00 | 4.00 | 0.00 |
| Dec 18, 2025 | 4.00 | 4.00 | 0.00 |
| Nov 6, 2025 | 4.00 | 4.00 | 0.00 |
| Sep 18, 2025 | 4.00 | 4.00 | 0.00 |
| Aug 14, 2025 | 4.25 | 4.25 | 0.00 |
| Jun 19, 2025 | 4.25 | 4.50 | -0.25 |
| May 8, 2025 | 4.50 | 4.50 | 0.00 |
| Mar 27, 2025 | 4.50 | 4.50 | 0.00 |
| Jan 23, 2025 | 4.50 | 4.50 | 0.00 |
| Dec 19, 2024 | 4.50 | 4.50 | 0.00 |
| Nov 7, 2024 | 4.50 | 4.50 | 0.00 |
| Sep 19, 2024 | 4.50 | 4.50 | 0.00 |
| Aug 15, 2024 | 4.50 | 4.50 | 0.00 |
| Jun 20, 2024 | 4.50 | 4.50 | 0.00 |
| May 3, 2024 | 4.50 | 4.50 | 0.00 |
| Mar 21, 2024 | 4.50 | 4.50 | 0.00 |
| Jan 25, 2024 | 4.50 | 4.50 | 0.00 |
| Dec 14, 2023 | 4.50 | 4.25 | +0.25 |
| Nov 2, 2023 | 4.25 | 4.25 | 0.00 |
| Sep 21, 2023 | 4.25 | 4.25 | 0.00 |
| Aug 17, 2023 | 4.00 | 4.00 | 0.00 |
| Jun 22, 2023 | 3.75 | 3.50 | +0.25 |
| May 4, 2023 | 3.25 | 3.25 | 0.00 |
| Mar 23, 2023 | 3.00 | 3.00 | 0.00 |
| Jan 19, 2023 | 2.75 | 2.75 | 0.00 |
| Dec 15, 2022 | 2.75 | 2.75 | 0.00 |
| Nov 3, 2022 | 2.50 | 2.75 | -0.25 |
| Sep 22, 2022 | 2.25 | 2.25 | 0.00 |
| Aug 18, 2022 | 1.75 | 1.75 | 0.00 |
| Jun 23, 2022 | 1.25 | 1.00 | +0.25 |
| May 5, 2022 | 0.75 | 0.75 | 0.00 |
| Mar 24, 2022 | 0.75 | 0.75 | 0.00 |
| Jan 20, 2022 | 0.50 | 0.50 | 0.00 |
| Dec 16, 2021 | 0.50 | 0.50 | 0.00 |
| Nov 4, 2021 | 0.25 | 0.25 | 0.00 |
| Sep 23, 2021 | 0.25 | 0.25 | 0.00 |
