Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
South African Reserve Bank Holds Repo Rate at 6.75% Amid Middle East Energy Price Risks
The South African Reserve Bank held its repo rate at 6.75% in January 2026, flagging Middle East energy price risks to inflation after cumulative cuts of 150 basis points since September 2024.
Sveriges Riksbank Holds Policy Rate at 1.75% as January 2026 Update Confirms Stable Outlook
Sweden's Riksbank kept its policy rate at 1.75% at the January 2026 Monetary Policy Update, saying the rate supports activity and the inflation target and is expected to remain there for some time.
Hong Kong Monetary Authority Keeps Base Rate at 4.00% in Line With Federal Reserve January Hold
The HKMA held its base rate at 4.00% on 29 January 2026, mirroring the Federal Reserve's decision to keep rates at 3.50–3.75% under Hong Kong's linked exchange rate system.
Qatar Central Bank Holds All Key Rates Unchanged at January 2026 Meeting
The QCB kept its deposit rate at 3.85%, lending rate at 4.35%, and repo at 4.10%, mirroring the US Federal Reserve's decision to hold rates steady.
Bank of Canada Holds Overnight Rate at 2.25% at First 2026 Meeting Amid Global Uncertainty
The Bank of Canada held its overnight rate at 2.25% at its first 2026 meeting, pausing after its 2025 easing cycle as global economic uncertainty clouded the domestic outlook.
Bank of Ghana Cuts Monetary Policy Rate by 150 Basis Points to 16.50%
The Bank of Ghana reduced its monetary policy rate by 150 basis points to 16.50%, as inflation continues to track toward single digits and further easing is projected ahead.
Banco Central do Brasil Holds Selic at 15.00% for Fourth Meeting, Signals March Easing
Brazil's Copom held the Selic at 15.00% for a fourth consecutive meeting, signalling a possible easing in March 2026 as inflation expectations stood at 4.0%.
Federal Reserve Holds Funds Rate at 3.50–3.75% at First FOMC Meeting of 2026
The FOMC held the federal funds rate at 3.50–3.75% at its January 2026 meeting, pausing after three consecutive 2025 cuts as inflation remained above the 2% target.
Bank of Japan Holds Policy Rate at 0.75% in 8-1 Vote After December Hike to 30-Year High
The Bank of Japan held its policy rate at 0.75% in an 8-1 vote at its January 2026 meeting, pausing to absorb December's 30-year high while raising economic growth forecasts.
Turkey's Central Bank Cuts Policy Rate by 100bp to 37% in Fifth Consecutive Reduction
The CBRT trimmed its one-week repo rate to 37%, delivering a smaller-than-expected cut as stubborn inflation expectations temper the pace of easing.
Brazil's Banco Central Cuts Selic Rate to 14.75% in Cautious Start to Easing Cycle
Brazil's Copom reduced the Selic rate by 25 basis points to 14.75% at its January 2026 meeting, beginning an easing cycle after four consecutive holds.
People's Bank of China Cuts Structural Tool Rates by 25bp to 1.25% to Boost Targeted Lending
The PBoC cut all structural monetary policy tool rates by 25 basis points, bringing the one-year relending facility rate to 1.25%, effective 20 January.