Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Central Bank of Turkey cuts policy rate by 250 basis points to 40.50% as underlying inflation slows
Turkey's central bank lowered its one-week repo rate from 43% to 40.5% on 11 September 2025, citing a slowdown in underlying inflation in August and weak final domestic demand.
Central Bank of Egypt Cuts Overnight Deposit Rate by 200 Basis Points to 22% in Surprise August Move
Egypt's central bank cut its overnight deposit rate by 200 basis points to 22% in August 2025, bringing total 2025 easing to 525 basis points.
Bank of Israel Holds Interest Rate at 4.50% Amid Ongoing Geopolitical Uncertainty
The Bank of Israel kept its benchmark interest rate unchanged at 4.50% in August 2025, citing high geopolitical uncertainty after June's military operation against Iran and inflation of 3.1%, slightly above target.
Reserve Bank of New Zealand cuts OCR to 3.00% and signals scope for further easing
The RBNZ lowered the Official Cash Rate by 25 basis points to 3.00% on 20 August 2025 in a 4–2 vote, with two committee members favouring a larger 50 basis point cut.
Central Bank of Kenya Delivers Seventh Consecutive Rate Cut, Lowering CBR to 9.50%
Kenya's central bank cut its benchmark rate by 25 basis points to 9.50%, its seventh consecutive reduction, saying there was scope to further support private-sector lending, with inflation below 5% and the shilling stable.
Reserve Bank of Australia Cuts Cash Rate to 3.60% in Third Reduction of 2025 Easing Cycle
The RBA cut its cash rate by 25 basis points to 3.60%, its third reduction of the year, after underlying inflation eased to 2.7%, within its 2–3% target band.
Bank of England Cuts Bank Rate to 4.00% in Narrow 5–4 Vote as Labour Market Loosens
The Bank of England reduced its Bank Rate by 25 basis points to 4.00% on 7 August 2025 in a 5–4 vote, despite inflation it expected to peak at 4.0% in September, as the labour market continued to loosen.
Czech National Bank Holds 2W Repo Rate at 3.50% as New Summer 2025 Forecast Is Presented
The CNB Bank Board kept its two-week repo rate at 3.50% on 7 August 2025 after discussing the new summer forecast, which is consistent with a modest initial decline in short-term market rates followed by a slight rise next year.
Reserve Bank of India Holds Repo Rate at 5.50% at August 2025 MPC Meeting
The RBI kept its repo rate at 5.50%, pausing its easing cycle to let 100 basis points of front-loaded cuts pass through, while keeping its 6.5% GDP growth projection for FY2026.
Bank of Japan Holds Policy Rate at 0.50% at July 2025 Meeting
The Bank of Japan kept its benchmark policy rate at 0.50% in July 2025, saying it was monitoring global conditions and yen dynamics.
South African Reserve Bank cuts repo rate by 25 basis points to 7.00%
The SARB's Monetary Policy Committee unanimously lowered the repo rate to 7.00% on 31 July 2025 and said it would now aim for inflation of 3%, the bottom of its 3–6% target range.
Banco Central do Brasil Holds Selic at 15.00% After Seven-Meeting Tightening Cycle
Brazil's Copom held the Selic rate at 15.00% — its highest since 2006 — marking the first pause after seven consecutive hikes totalling 450 basis points.