News Category: Monetary Policy

• 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%...
• 12-Jul-23 New Zealand: RBNZ stands pat in July, but no rate cut in sight

  At its 12 July meeting, the Reserve Bank of New Zealand (RBNZ) left the official cash rate (OCR) unchanged at...
• 10-Jul-23 Israel: Bank of Israel keeps rates unchanged in July

  At its 10 July meeting, the Bank of Israel (BoI) kept the policy rate at 4.75%, following 465 basis points...
• 6-Jul-23 Uruguay: Central Bank resumes easing cycle in July

  On 6 July, the Monetary Policy Committee of the Central Bank of Uruguay (BCU) delivered a 50 basis point cut,...
• 6-Jul-23 Poland: Central Bank maintains pause in July

  At its 5–6 July meeting, the National Bank of Poland (NBP) left the key reference rate unchanged at 6.75% once...