At its 19 December meeting, Colombia’s Central Bank (BanRep) opted to reduce the benchmark interest rate by 25 basis points...
News Category: Monetary Policy
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Colombia: Central Bank finally begins to cut rates in December -
Hungary: MNB cuts rates again in December At its 19 December meeting, the Monetary Council of the Hungarian National Bank (MNB) cut its base rate to 10.75%... -
Argentina: Central Bank switches benchmark interest rate in December At its 18 December meeting, the Central Bank of Argentina (BCRA) decided to switch the benchmark interest rate from the... -
Russia: Central Bank hikes key rate again in December At its meeting on 15 December, the Central Bank of the Russian Federation (CBR) hiked its key policy rate by... -
Mexico: Central Bank keeps rates stable in December At its meeting on 14 December, the Governing Board of the Bank of Mexico (Banxico) left the overnight interbank interest... -
Norway: Norges Bank surprises markets and resumes tightening cycle in December At its last scheduled meeting of 2023 on 13 December, the Executive Board of Norges Bank unanimously voted to resume... -
Philippines: Central Bank stands pat at December meeting At its 14 December meeting, the Monetary Board of Bangko Sentral ng Pilipinas (BSP) kept the target reverse repurchase (RRP)... -
Ukraine: National Bank of Ukraine cuts rates again in December At its 14 December meeting, the National Bank of Ukraine (NBU) chopped its key policy rate by 100 basis points... -
Euro Area: ECB stands pat again in December At its 14 December meeting, the European Central Bank (ECB) kept the main refinancing operations, marginal lending facility and deposit... -
United Kingdom: Bank of England keeps rates unchanged in December On 14 December, the Bank of England (BOE) left the bank rate at 5.25%, following 515 basis points of hikes...