Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
State Bank of Vietnam offers banks up to US$2bn in a six-month FX swap, longer than its earlier swaps
The State Bank of Vietnam is offering up to US$2bn in a 182-day foreign exchange swap on 6 November, which could add an estimated VND48,798 billion at most of dong liquidity to the banking system.
Bank of England raises Bank Rate to 4% in 8–1 vote, with one member backing 4.25%
The Bank of England's Monetary Policy Committee voted 8–1 to raise Bank Rate by 0.25 percentage points to 4%, with one member backing a rise to 4.25%.
Czech National Bank raises its two-week repo rate to 4%, its first increase since June
The Czech National Bank lifted its two-week repo rate by 0.25 percentage point to 4.00%, after a June rise to 3.75%, with the new rates in effect from 6 November.
Bank of Japan minutes show board backing more rate rises after its move to 1.25%
Minutes of the Bank of Japan’s September meeting, released on Thursday, show the board agreed to keep lifting rates after a 7-2 vote raised the policy rate by 25 basis points to 1.25%, the highest since 1995.
Norges Bank holds its policy rate at 4.5% and says it is ready to raise it again
Norges Bank kept its policy rate at 4.5%, saying inflation, at 3.4% in September, is too high and that it is prepared to raise the rate if needed.
Riksbank raises its policy rate to 2 per cent and signals further rises in the coming year
Sweden's central bank lifted its policy rate by 0.25 percentage points to 2 per cent, its first increase in more than two years.
Bundesbank's Nagel says a December ECB rate rise is very likely necessary
Bundesbank President Joachim Nagel said a December ECB rate rise is very likely necessary, a week after the ECB held its deposit rate at 2.5%; it would be the bank's third increase this year.
Reserve Bank of Australia raises cash rate to 4.85% as three board members vote to hold
The Reserve Bank of Australia lifted its cash rate target by 25 basis points to 4.85% today, a level ABC News says was last seen in 2008, but three members of its Monetary Policy Board voted to keep it at 4.60%.
China's central bank makes its 1.25% overnight reverse repo rate the main policy rate from 2 November
The People's Bank of China begins daily overnight reverse repo tenders at 1.25%, 15 basis points below the seven-day rate, as the overnight rate becomes its main policy rate.
Colombia's central bank holds its rate at 12.25% in a 4-3 vote and approves a $2 billion reserves purchase
Colombia's central bank kept its benchmark rate at 12.25% on Friday, with four of seven board members voting to hold, and approved a $2 billion purchase from the government to shore up reserves.
Bank of Japan holds at 1.25% and more than doubles ETF sales to 860 billion yen a year
The Bank of Japan kept its policy rate at 1.25% in an 8-1 vote on Friday, with one member seeking 1.5%, and will sell about 860 billion yen of ETFs a year from January 2027.
ECB holds deposit rate at 2.5% as Lagarde says she will step down in February 2027
The European Central Bank kept its deposit rate at 2.5% on Thursday, hours after President Christine Lagarde said she would leave on 7 February 2027, around nine months before her term ends.