Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Bank of Israel Cuts Interest Rate to 4.25% in First Reduction Since January 2024
The Bank of Israel reduced its benchmark rate by 25 basis points to 4.25%, its first cut since January 2024, citing annual inflation moderating to 2.5%.
South African Reserve Bank Cuts Repo Rate to 6.75% in Sixth Cut of Easing Cycle
The SARB lowered its repo rate by 25 basis points to 6.75%, marking the sixth cut since the easing cycle began in September 2024.
Mexico's Banxico Cuts Overnight Rate by 25 Basis Points to 7.25% as Global Uncertainty Clouds Outlook
Banco de México reduced its overnight rate by 25 basis points to 7.25% at its November 2025 meeting, with board member Jonathan Heath again dissenting in favour of a hold.
Bank of England holds Bank Rate at 4% in 5-4 vote
The MPC judged that CPI inflation has peaked and said Bank Rate is likely to continue on a gradual downward path if disinflation progresses. Four members voted for a cut to 3.75%.
Norges Bank holds policy rate at 4% and says it is in no hurry to cut
Norway's central bank kept its policy rate unchanged in a unanimous decision, saying inflation was still too high but that it expected to lower the rate further in the course of the coming year.
Banco Central do Brasil Holds Selic Rate at 15.00% for Third Consecutive Meeting
Brazil's Copom unanimously held the Selic rate at 15.00% per annum at its November 2025 meeting, marking a third consecutive hold.
Sweden's Riksbank Holds Policy Rate at 1.75% and Signals Pause in Easing Cycle
Sweden's Riksbank held its policy rate at 1.75% in November 2025 and signalled the rate would remain unchanged for some time to come, pausing its easing cycle.
Reserve Bank of Australia holds cash rate at 3.60% for second consecutive meeting as inflation picks up
The RBA's Monetary Policy Board left the cash rate unchanged after trimmed mean inflation rose to 3.0% over the year to the September quarter, higher than it had expected in August.
European Central Bank Holds All Three Key Rates Unchanged in October 2025
The ECB left its deposit rate at 2.00% for a third consecutive meeting, reaffirming its data-dependent stance amid an uncertain economic outlook.
HKMA Cuts Base Rate to 4.25% in Second Reduction of 2025 After Fed Move
The Hong Kong Monetary Authority lowered its Base Rate by 25 basis points to 4.25%, its second cut of 2025, following a rate reduction by the US Federal Reserve.
Qatar Central Bank Cuts All Key Interest Rates by 25 Basis Points
Qatar Central Bank reduced its deposit, lending, and repo rates by 25 basis points each, bringing the deposit rate to 4.10% and the lending rate to 4.60%.
Federal Reserve Cuts Federal Funds Rate by 25 Basis Points to 3.75–4.00% in 10-2 Vote
The FOMC voted 10-2 to lower the federal funds rate to 3.75–4.00%, bringing cumulative easing to 150 basis points since the September 2024 cutting cycle began.