Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Reserve Bank of India kept repo rate unchanged and maintained neutral stance
The Reserve Bank of India left the repo rate at 5.25 percent and kept a neutral stance, trimming GDP forecast to 6.6 percent and raising retail inflation projection to 5.1 percent.
Bank of Korea Holds Base Rate at 2.50% at May 2026 Meeting
The Bank of Korea's Monetary Policy Board unanimously held the Base Rate at 2.50% at its May 2026 meeting, keeping policy on hold for the intermeeting period.
South African Reserve Bank Raises Repo Rate 25bp to 7.00% in First Hike Since 2023
The MPC voted 4-2 to lift the policy rate as inflation risks intensified, ending an easing cycle that had run since May 2023.
RBNZ Holds OCR at 2.25% by Governor's Casting Vote After 3-3 Split
The Reserve Bank of New Zealand held the OCR at 2.25% by casting vote as the MPC split 3-3 on whether to raise rates, signalling more hikes ahead.
Hungary's Central Bank Holds Base Rate at 6.25% but Opens Door to Cuts
The Magyar Nemzeti Bank kept its base rate at 6.25% on 26 May and signalled openness to easing if inflation fundamentals continued to improve.
Bank Indonesia Raises BI-Rate by 50 bp to 5.25% to Strengthen Stability
Bank Indonesia raised the BI-Rate by 50 basis points to 5.25% on Wednesday, alongside similar moves to its deposit and lending facility rates.
Banco de México Cuts Overnight Rate 25 bp to 6.50% and Declares End of Easing Cycle
Banxico's Governing Board lowered the overnight interbank rate to 6.50% in a 3-2 split vote and signalled that the easing cycle begun in March 2024 is now complete.
Sweden's Riksbank Holds Policy Rate at 1.75% in May 2026 as Inflation Risks Tilt to the Upside
Sweden's Riksbank held its policy rate at 1.75% from 13 May, citing low inflation but a growing risk of higher inflation and favourable conditions for stronger activity ahead.
Reserve Bank of Australia Raises Cash Rate 25 Basis Points to 4.35 Per Cent in May
The RBA lifted the cash rate target by 25 bp to 4.35% effective 6 May 2026, saying the move was needed to help bring inflation down.
National Bank of Poland Holds Reference Rate at 3.75 Per Cent Amid Geopolitical Uncertainty
The National Bank of Poland kept its reference rate at 3.75%, its second consecutive hold, with the MPC citing uncertainty around the geopolitical outlook.
Bank of England Holds Bank Rate at 3.75% as Chief Economist Pill Dissents in Favour of 25bp Hike
The Bank of England held Bank Rate at 3.75% in April, with the MPC voting 8-1 to hold as Chief Economist Huw Pill dissented in favour of a 25bp rise to 4.00%.
Brazil's Copom Cuts Selic Rate by 25 Basis Points to 14.50% as Easing Cycle Continues
Brazil's Copom cut the Selic rate by 25 basis points to 14.50% at its 278th meeting, continuing the easing cycle aimed at bringing inflation back to target.