Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Kazakhstan central bank cuts base rate to 17 percent in first cut since 2024
Kazakhstan's central bank cut its base rate to 17 percent, its first cut since 2024, as inflation slowed to 10.4 percent in May.
Gold overtakes US Treasuries in global official reserves on price gains, ECB says
Gold made up 27% of official reserves at end-2025 against 22% for US Treasuries, largely because of higher prices, the ECB said; China has bought over 350 tonnes since 2022.
India's forex reserves stand at $682.3 billion, RBI governor says
India's foreign exchange reserves were $682.3 billion as of May 29, 2026, the Reserve Bank of India governor said, adequate to cover about 11 months of imports and 89.1 percent of external debt.
Reserve Bank of India keeps repo rate unchanged and maintains 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% as two board members vote for a hike
In Governor Shin Hyun-song's first meeting, the Bank of Korea kept its rate at 2.50% for an eighth straight session, while two members backed a rise to 2.75% and forecasts for growth and inflation were raised.
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 began in September 2024.
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 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.
Central Bank of Egypt holds rates at 19% and 20% in May 2026 and raises inflation forecasts
The CBE kept rates unchanged on 21 May 2026 for a second meeting and raised its inflation outlook, expecting inflation to accelerate through the third quarter of 2026.
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 Risk of Higher Inflation Increases
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.