Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
US Federal Reserve Proposes Greater Transparency in Bank Stress Test Methodology
The Federal Reserve opened a public comment period on proposals to increase transparency in its stress test models and scenarios, citing the need to align the framework with current economic conditions.
Central Bank of Türkiye Cuts Repo Rate by 200 Basis Points to 39.00% in Second Q4 Reduction
The CBRT lowered its one-week repo rate by 200bp to 39.00%, completing 350bp of cumulative cuts since September as inflation held at approximately 38% in October 2025.
Bank of Korea Holds Base Rate at 2.50% for Third Consecutive Meeting
The Bank of Korea kept its base rate unchanged at 2.50% for a third straight meeting and slightly upgraded its 2025 GDP growth and inflation forecasts.
Argentina's BCRA and US Treasury Sign USD 20 Billion Exchange Rate Stabilisation Agreement
The Banco Central de la República Argentina and the US Treasury signed a USD 20 billion bilateral agreement on 20 October 2025 aimed at bolstering Argentina's international reserves.
RBI Governor Malhotra Urges Central Banks to Back CBDCs Over Private Stablecoins at IMF Meetings
Reserve Bank of India Governor Sanjay Malhotra told central banks at the IMF/World Bank Annual Meetings that CBDCs are superior to private stablecoins for cross-border payments.
Narodowy Bank Polski Holds Reference Rate at 5.25% as Inflation Stays Above Target
Poland's Monetary Policy Council kept the reference rate at 5.25% at its October 2025 meeting, citing CPI above the 4% tolerance band.
Reserve Bank of New Zealand Cuts OCR by 50 Basis Points to 2.50%
The Reserve Bank of New Zealand reduced its Official Cash Rate by 50 basis points to 2.50% in October 2025, re-accelerating its easing cycle as economic growth weakened.
Bank of Thailand Surprises Markets With Rate Hold at 1.50% Under New Governor
The Bank of Thailand kept its policy rate at 1.50% in a 5-2 vote at the first meeting under Governor Vitai Ratanakorn, confounding market expectations of a 25 bp cut.
Central Bank of Kenya Cuts Rate to 9.25% in Eighth Consecutive Reduction
The CBK reduced its central bank rate by 25 basis points to 9.25%, marking the eighth consecutive cut since the easing cycle began in April 2024.
Central Bank of Egypt Holds Overnight Rates at 22%/23% at October 2025 MPC Meeting
Egypt's CBE kept its overnight deposit and lending rates at 22% and 23% at its October 2025 MPC meeting, balancing continued disinflation against the need to support economic growth.
Reserve Bank of India Holds Repo Rate at 5.50% for Second Consecutive Meeting
The RBI's Monetary Policy Committee voted unanimously to hold the repo rate at 5.50% and revised its FY2026 GDP growth forecast upward to 6.8%.
Reserve Bank of Australia Holds Cash Rate at 3.60% as Inflation Continues to Ease
The Reserve Bank of Australia held its cash rate at 3.60% at its September 2025 meeting, with easing inflation and broad market expectations of a prolonged hold shaping the decision.