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 27, 2026 | 5.00 | 5.00 | 0.00 |
| Jun 18, 2026 | 4.75 | 4.75 | 0.00 |
| Apr 23, 2026 | 4.50 | 4.25 | +0.25 |
| Mar 26, 2026 | 4.25 | — | — |
| Feb 19, 2026 | 4.25 | 4.25 | 0.00 |
| Dec 11, 2025 | 4.50 | 4.50 | 0.00 |
| Oct 9, 2025 | 4.75 | 5.00 | -0.25 |
| Aug 28, 2025 | 5.00 | 5.00 | 0.00 |
| Jun 19, 2025 | 5.25 | 5.25 | 0.00 |
| Apr 10, 2025 | 5.50 | 5.50 | 0.00 |
| Feb 13, 2025 | 5.75 | 5.50 | +0.25 |
| Dec 19, 2024 | 5.75 | 5.75 | 0.00 |
| Oct 16, 2024 | 6.00 | 6.00 | 0.00 |
| Aug 15, 2024 | 6.25 | 6.50 | -0.25 |
| Jun 27, 2024 | 6.50 | 6.50 | 0.00 |
| May 16, 2024 | 6.50 | 6.50 | 0.00 |
| Apr 8, 2024 | 6.50 | 6.50 | 0.00 |
| Feb 15, 2024 | 6.50 | 6.50 | 0.00 |
| Dec 14, 2023 | 6.50 | 6.50 | 0.00 |
| Nov 16, 2023 | 6.50 | 6.50 | 0.00 |
| Oct 26, 2023 | 6.50 | — | — |
| Sep 21, 2023 | 6.25 | 6.25 | 0.00 |
| Aug 17, 2023 | 6.25 | 6.25 | 0.00 |
| Jun 22, 2023 | 6.25 | 6.25 | 0.00 |
| May 18, 2023 | 6.25 | 6.25 | 0.00 |
| Mar 23, 2023 | 6.25 | 6.25 | 0.00 |
| Feb 16, 2023 | 6.00 | 6.00 | 0.00 |
| Dec 15, 2022 | 5.50 | 5.50 | 0.00 |
| Nov 17, 2022 | 5.00 | 5.00 | 0.00 |
| Sep 22, 2022 | 4.25 | 4.25 | 0.00 |
| Aug 18, 2022 | 3.75 | 3.75 | 0.00 |
| Jul 14, 2022 | 3.25 | — | — |
| Jun 23, 2022 | 2.50 | 2.50 | 0.00 |
| May 19, 2022 | 2.25 | 2.25 | 0.00 |
| Mar 24, 2022 | 2.00 | 2.00 | 0.00 |
| Feb 17, 2022 | 2.00 | 2.00 | 0.00 |
| Dec 16, 2021 | 2.00 | 2.00 | 0.00 |
| Nov 18, 2021 | 2.00 | 2.00 | 0.00 |
| Sep 23, 2021 | 2.00 | 2.00 | 0.00 |
