Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Banco Central do Brasil Holds Selic Rate at 15.00% for Fourth Consecutive Meeting
Brazil's Copom unanimously held the Selic rate at 15.00% for the fourth time in a row in December 2025, citing caution despite November inflation falling to a seven-year low for the month.
Central Bank of Bahrain Cuts Overnight Deposit Rate by 25 Basis Points to 4.25%
The Central Bank of Bahrain has reduced its overnight deposit rate by 25 basis points to 4.25%, aligning with the US Federal Reserve's December rate cut to maintain monetary stability.
Central Bank of the UAE Cuts Base Rate to 3.65%, Completing 75 Basis Points of 2025 Easing
The CBUAE has lowered its base rate by 25 basis points to 3.65%, completing 75 basis points of cumulative easing in 2025.
Qatar Central Bank Cuts Key Interest Rates by 25 Basis Points in December 2025
Qatar Central Bank has cut its deposit, lending, and repo rates by 25 basis points each, bringing the deposit rate to 3.85% and the lending rate to 4.35%.
Bank of Canada Holds Overnight Rate at 2.25% at Final 2025 Policy Meeting
The Bank of Canada kept its policy rate at 2.25% at its last meeting of 2025, saying the current rate is at about the right level if the economy evolves in line with its October projections.
Federal Reserve Cuts Federal Funds Rate by 25 Basis Points to 3.50–3.75% in December 2025
The FOMC voted 9-3 to cut its policy rate to 3.50–3.75%, the lowest point in the current cycle, while signalling a cautious approach heading into 2026.
Central Bank of Kenya Cuts Policy Rate to 9.00% in Ninth Consecutive Reduction Since 2024 Peak
The CBK lowered its central bank rate by 25 basis points to 9.00% on 9 December 2025, the ninth consecutive cut, bringing cumulative easing to 400 basis points since the 2024 peak.
Reserve Bank of Australia Holds Cash Rate at 3.60% at Final December 2025 Meeting
The RBA unanimously held its cash rate at 3.60% in December 2025, closing a year that saw three cuts and five holds totalling 75 basis points of easing.
Reserve Bank of India Cuts Repo Rate by 25 Basis Points to 5.25% in Fourth Reduction of 2025
The RBI reduced its repo rate to 5.25% on 5 December 2025, the fourth cut of the year, bringing total 2025 easing to 125 basis points while maintaining a neutral policy stance.
Bank of Korea Holds Base Rate at 2.50% for Fourth Consecutive Meeting at Year-End
The Bank of Korea kept its policy rate on hold at 2.50% at its final 2025 meeting, a fourth straight hold, and raised its GDP growth forecast for 2026 to 1.8% from 1.6%.
Bank of Ghana MPC Cuts Monetary Policy Rate by 350 Basis Points to 18.00%
Ghana's central bank delivered a 350 bp cut to 18.00% as inflation fell to the 8% target, and reverted to 14-day bills for open market operations.
Central Bank of Nigeria Holds Monetary Policy Rate at 27.00% and Adjusts Standing Facilities Corridor
Nigeria's CBN kept its MPR at 27.00% but adjusted the Standing Facilities corridor to +50/–450 bp as CPI inflation fell to 16.05% by October 2025.