Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Sweden's Riksbank Holds Policy Rate at 1.75% Amid Middle East Energy Price Uncertainty
Sweden's Riksbank held its policy rate at 1.75% at its March 2026 meeting, effective 25 March, citing rising energy prices linked to Middle East conflict.
Taiwan Central Bank Maintains Rates as Inflation Pressures Mount
Taiwan's central bank kept interest rates unchanged Thursday, maintaining its restrictive monetary policy stance even as geopolitical tensions and energy price shocks complicate the economic outlook.
Ottawa Holds Rates Steady but Warns Oil Shock Could Force Hike
The decision to maintain the overnight rate at 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent, had been widely anticipated by markets.
Tokyo Stands Pat as Oil Price Shock Freezes Rate Plans
The nine-member board voted eight to one to keep rates at their highest level since September 1995, with hawkish board member Hajime Takata once again dissenting in favour of an immediate increase to 1.0 percent.
Powell Digs In, Vows to Serve as Chair Pro Tem
Powell invoked a provision of the Federal Reserve Act that requires the Board of Governors to elect a member to act as "chairman pro tempore" when both the chairman and vice chairman are unavailable.
Federal Reserve Holds Federal Funds Rate at 3.50–3.75%, Dot Plot Projects One Cut in 2026
The FOMC voted 11-1 to hold the federal funds rate at 3.50–3.75%, with the median dot plot still projecting one rate reduction later in 2026.
Bank of Canada Holds Overnight Rate at 2.25% for Second Consecutive Meeting Amid Trade Uncertainty
The Bank of Canada kept its overnight rate at 2.25% for a second straight meeting, citing elevated global trade uncertainty and downside risks to growth.
Banco Central do Brasil Cuts Selic Rate by 25 Basis Points to 14.75%, Opening Easing Cycle
Brazil's Copom unanimously cut the Selic rate to 14.75% in a calibration move after nine months on hold, marking the country's first rate reduction since May 2024.
Bank of Ghana Cuts Monetary Policy Rate by 150 Basis Points to 15.00%
The Bank of Ghana lowered its benchmark rate to 15.00%, extending a rapid disinflation-led easing cycle as interbank rates tracked the cut.
Reserve Bank of Australia Raises Cash Rate by 25 Basis Points to 4.10% in Second Consecutive Hike
The Reserve Bank of Australia raised its cash rate by 25 basis points to 4.10% on 17 March 2026, its second consecutive increase, citing Middle East conflict risk to energy inflation.
Central Bank of Türkiye Holds One-Week Repo Rate at 37.00% as US-Iran Conflict Risk Disrupts Easing Path
The Central Bank of the Republic of Türkiye kept its one-week repo rate at 37.00%, with all ten economists surveyed by Reuters predicting a hold as US-Iran conflict risk clouded the outlook.
Bank of Canada Holds Overnight Rate at 2.75% Amid Persistent Global Trade Uncertainty
The Bank of Canada kept its overnight rate at 2.75% at its March 2026 meeting, citing ongoing global trade uncertainty from the tariff environment following cuts through late 2025.