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 10, 2026 | 6.50 | 6.50 | 0.00 |
| Jul 8, 2026 | 6.50 | 6.50 | 0.00 |
| May 15, 2026 | 6.50 | 6.50 | 0.00 |
| Apr 7, 2026 | 6.50 | 6.50 | 0.00 |
| Feb 17, 2026 | 6.50 | 6.50 | 0.00 |
| Jan 19, 2026 | 6.50 | 6.50 | 0.00 |
| Nov 12, 2025 | 6.50 | 6.50 | 0.00 |
| Oct 8, 2025 | 6.50 | 6.50 | 0.00 |
| Aug 8, 2025 | 6.50 | 6.50 | 0.00 |
| Jul 8, 2025 | 6.50 | 6.50 | 0.00 |
| May 16, 2025 | 6.50 | 6.50 | 0.00 |
| Apr 7, 2025 | 6.50 | 6.50 | 0.00 |
| Feb 14, 2025 | 6.50 | 6.50 | 0.00 |
| Jan 15, 2025 | 6.50 | 6.50 | 0.00 |
| Nov 8, 2024 | 6.50 | 6.50 | 0.00 |
| Oct 4, 2024 | 6.50 | 6.25 | +0.25 |
| Aug 7, 2024 | 6.50 | 6.50 | 0.00 |
| Jul 5, 2024 | 6.75 | 6.75 | 0.00 |
| May 13, 2024 | 7.00 | 6.75 | +0.25 |
| Apr 4, 2024 | 7.00 | 7.00 | 0.00 |
| Feb 13, 2024 | 7.00 | 7.00 | 0.00 |
| Jan 12, 2024 | 7.00 | 7.00 | 0.00 |
| Nov 8, 2023 | 7.00 | 7.00 | 0.00 |