News Category: Monetary Policy

• 24-Jul-23 Ghana: BoG unexpectedly raises rates in July

  At its meeting on 19–21 July, the Monetary Policy Committee of the Bank of Ghana (BoG) increased its monetary policy...
• 21-Jul-23 Russia: Central Bank hikes policy rate in July

  At its meeting on 21 July, the Central Bank of the Russian Federation (CBR) hiked its key policy rate by...
• 20-Jul-23 South Africa: SARB holds fire in July but warns tightening cycle is not over

  At its 18–20 July meeting, the Monetary Policy Committee of the South African Reserve Bank (SARB) maintained the repurchase rate...
• 20-Jul-23 Turkey: Central Bank hikes again in July

  On 20 July, the Central Bank of the Republic of Turkey (CBRT) decided to increase the one-week repo rate to...
• 14-Jul-23 Canada: Bank of Canada hikes rates in July

  On 12 July, the Bank of Canada (BoC) raised the target for the overnight rate from 4.75% to 5.00%, and...
• 14-Jul-23 Australia: RBA stands pat in July; reiterates further hikes possible ahead

  At its monetary policy meeting on 4 July, the Reserve Bank of Australia (RBA) left the official cash rate (OCR)...
• 14-Jul-23 Angola: Central Bank stands pat in July

  On 14 July, the Monetary Policy Committee of the National Bank of Angola (BNA) held the key interest rate at...
• 13-Jul-23 Korea: BOK holds fire for fourth consecutive meeting in July

  At its meeting on 13 July, the Bank of Korea (BOK) kept the base rate unchanged at 3.50% for the...
• 13-Jul-23 Peru: Central Bank stands pat in July; hikes possible ahead

  At its 13 July meeting, the Central Bank of Peru kept its key policy interest rate unchanged at 7.75% for...
• 13-Jul-23 Serbia: Central Bank delivers second consecutive hike in July

  At its 13 July meeting, the National Bank of Serbia (NBS) decided to hike the key policy rate to 6.50%...