Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Czech National Bank holds two-week repo rate at 3.75% in August after June hike
The Czech National Bank kept its two-week repo rate at 3.75%, pausing after delivering its first rate rise since 2022 at its previous meeting.
Banco Central do Brasil cuts Selic rate 25 bp to 14.00% as Copom extends easing cycle
Brazil's Copom cut the Selic rate by 25 basis points to 14.00% on Wednesday, the fourth consecutive reduction, while warning that risks to inflation remain elevated.
India's Reserve Bank holds repo rate at 5.25% for fourth consecutive meeting
The Reserve Bank of India kept its repo rate unchanged at 5.25% and retained a neutral stance in a unanimous decision at the August 2026 Monetary Policy Committee meeting.
Japan's Bank of Japan holds policy rate at 1.0% with Takata dissenting for 1.25% hike
The BoJ kept its overnight call rate guideline at around 1.0% by an 8-1 vote, with Takata Hajime proposing a 25 bp hike to around 1.25%.
Bank of England holds Bank Rate at 3.75% in July as three MPC members vote for hike
The Bank of England kept Bank Rate at 3.75% in July on a 6-3 vote, with Greene, Mann and Pill dissenting for a 25 bp hike as CPI eased to 2.6%.
Federal Reserve holds federal funds rate at 3.50–3.75% as three regional presidents dissent for a hike
The FOMC voted 9-3 to keep rates unchanged, with Hammack, Kashkari and Logan preferring a quarter-point increase, as Chair Kevin Warsh said the Committee would deliver price stability.
Central Bank of Chile holds monetary policy rate at 4.5% unanimously in July
The Central Bank of Chile kept its policy rate at 4.5% on Tuesday in a unanimous vote, the fifth consecutive meeting without a change as inflation ran above target.
Bank of Russia cuts key rate 25 bp to 14.00% in July, extending easing cycle
The Bank of Russia trimmed its key rate to 14.00%, effective 27 July, and forecast annual inflation of 6.0-7.0% in 2026, returning to 4.0% in 2027.
European Central Bank keeps deposit rate at 2.25% in July but leaves door open to September hike
The ECB held its deposit facility rate at 2.25% in a decision Lagarde called unanimous, while continuing to monitor the Middle East energy shock.
Türkiye's Central Bank holds one-week repo rate at 37% amid geopolitical escalation
The CBRT held the one-week repo rate at 37% on 23 July and kept its overnight lending and borrowing rates at 40% and 35.5%, citing growing uncertainty amid geopolitical developments.
South African Reserve Bank holds repo rate at 7.00% in split 4-2 MPC vote
The SARB held the repo rate at 7.00% on a 4-2 vote, with two members preferring a 25 bp hike as inflation reached 5.0% in June, above the 3% target.
Bank Indonesia holds BI-Rate at 5.75% in July after successive hikes
Bank Indonesia kept its BI-Rate at 5.75% and left the Deposit and Lending Facility rates unchanged after its 21-22 July Board meeting.