Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Banco de México Holds Overnight Rate at 7.00% as US Tariff Risks Cloud Inflation Outlook
Banxico's board voted unanimously to hold Mexico's overnight rate at 7.00%, citing tariff-driven inflation risks from US trade policy and concluding March was too soon to resume cuts.
European Central Bank Posts €1.3 Billion Net Loss for 2025, Sharply Below Prior Year
The ECB recorded a net loss of €1.3bn for 2025, a significant improvement on the €7.94bn loss in 2024, as falling deposit facility rates reduced interest expenses.
Bank of Thailand Cuts Policy Rate to 1.00% in Surprise Move on Tariff Growth Fears
Thailand's central bank cut its one-day repurchase rate by 25 basis points to 1.00% in a 4-2 vote, citing US tariff uncertainty and subdued growth.
Bank of Canada Holds Overnight Rate at 2.25% Amid US Tariff Uncertainty
The Bank of Canada kept its policy rate at 2.25% in February 2026, maintaining a wait-and-see stance as it monitored the potential impact of new US tariffs.
Reserve Bank of New Zealand Holds OCR at 2.25% as Governor Breman Chairs First Meeting
The RBNZ kept its official cash rate at 2.25% in a unanimous decision and upgraded its OCR path, hinting at a possible hike late in 2026.
Central Bank of Egypt Cuts Overnight Deposit Rate to 19% and Reduces Reserve Requirement
Egypt's central bank cut its overnight deposit rate by 100bp to 19% and reduced the required reserve ratio from 18% to 16% in coordinated easing measures.
Central Bank of Kenya Cuts CBR to 8.75% in Tenth Consecutive Reduction
Kenya's central bank cut its benchmark rate by 25bp to 8.75%, the tenth consecutive reduction, despite lobbying by the bankers' association for a hold.
Reserve Bank of India Holds Repo Rate at 5.25% at February 2026 MPC Meeting
The RBI's MPC unanimously held the repo rate at 5.25% with a neutral stance, after 125bp of cumulative easing since February 2025 helped push CPI to 1.7%.
Banco de México Holds Overnight Rate at 7.00%, Pausing Easing Cycle Amid Above-Target Inflation
Banxico kept its benchmark overnight rate at 7.00% in February 2026, marking the first pause in its easing cycle since 2024 as inflation remained in the 3.77%–4.63% range.
Bank of England Holds Bank Rate at 3.75% in February 2026 on Narrow 5–4 Vote
The MPC voted 5–4 to hold Bank Rate at 3.75%, with four members backing a cut as Middle East tensions and rising energy costs threaten to push CPI above 3%.
European Central Bank Holds Deposit Rate at 2.00% and Signals Prolonged Pause in Easing
The ECB held its deposit facility rate at 2.00% in February 2026, with the Governing Council signalling a stay on hold for the foreseeable future while monitoring Middle East energy risks.
Bank of Canada Holds Overnight Rate at 2.25% as Easing Cycle Declared Complete
The Bank of Canada kept its policy rate at 2.25% on 29 January 2026, declaring its monetary easing cycle complete as economists project rates to hold through the year.