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 |
|---|---|---|---|
| Oct 26, 2026 | — | 11.50 | — |
| Sep 14, 2026 | 11.50 | 11.50 | 0.00 |
| Jul 27, 2026 | 11.50 | 11.50 | 0.00 |
| Jun 15, 2026 | 11.50 | 11.50 | 0.00 |
| Apr 27, 2026 | 11.50 | 10.50 | +1.00 |
| Mar 9, 2026 | 10.50 | 10.50 | 0.00 |
| Jan 26, 2026 | 10.50 | 10.00 | +0.50 |
| Dec 15, 2025 | 10.50 | 11.00 | -0.50 |
| Oct 27, 2025 | 11.00 | 11.00 | 0.00 |
| Sep 15, 2025 | 11.00 | 11.00 | 0.00 |
| Jul 30, 2025 | 11.00 | — | — |
| Jun 16, 2025 | 11.00 | 11.00 | 0.00 |
| May 5, 2025 | 11.00 | 12.00 | -1.00 |
| Mar 10, 2025 | 12.00 | 11.00 | +1.00 |
| Jan 27, 2025 | 12.00 | 12.00 | 0.00 |
| Dec 16, 2024 | 13.00 | 13.00 | 0.00 |
| Nov 4, 2024 | 15.00 | 15.50 | -0.50 |
| Sep 12, 2024 | 17.50 | 18.00 | -0.50 |
| Jul 29, 2024 | 19.50 | 19.50 | 0.00 |
| Jun 10, 2024 | 20.50 | 21.00 | -0.50 |
| Apr 29, 2024 | 22.00 | 22.00 | 0.00 |
| Mar 18, 2024 | 22.00 | 22.00 | 0.00 |
| Jan 29, 2024 | 22.00 | 22.00 | 0.00 |
| Oct 30, 2023 | 22.00 | 22.00 | 0.00 |
The latest reading is within its usual range, less than one standard deviation from the mean.
