Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
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 Iran War Halts Easing Cycle
The Central Bank of the Republic of Türkiye kept its one-week repo rate at 37.00%, pausing its easing cycle as the US-Israeli war with Iran pushed up energy prices and clouded the inflation outlook.
Bank of Papua New Guinea keeps Kina Facility Rate at 5% as it projects slower 2026 growth
BPNG's Monetary Policy Committee also held the cash reserve requirement at 9.0%, as the central bank projected growth of about 3% in 2026 after an upwardly revised 5.3% in 2025.
European Central Bank Posts €1.3 Billion Net Loss for 2025, Down From €7.94 Billion in 2024
The ECB recorded a net loss of €1.3bn for 2025, an 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 as growth and inflation stay weak
A 4-2 majority of the Monetary Policy Committee voted for an unexpected 25bp cut, citing below-potential growth, rising downside risks to inflation and debt burdens on SMEs and households.
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% by consensus 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 with CPI inflation at 1.3% in December.
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 with headline inflation at 3.77% in early January.
Bank of England held Bank Rate at 3.75% on narrow 5–4 vote
Four MPC members backed a cut to 3.5%, while the committee said Bank Rate was likely to be reduced further and expected inflation to fall back to around 2% from April.
European Central Bank held deposit rate at 2.00% and kept meeting-by-meeting approach
The Governing Council left all three key rates unchanged on 5 February 2026, reconfirming that inflation should stabilise at its 2% target in the medium term.