Monetary policy decisions
Bank of Canada holds rates for sixth consecutive time
Central bank optimistic that rate cuts are ahead and inflation will gradually fall
Bank of Korea holds rates amid property market concerns
Governor Rhee Chang-yong warns cutting rates too soon could reignite inflation
Caucasus central banks cut rates as inflation falls
Armenia, Azerbaijan and Georgia continue gradual easing, with Armenian inflation at -0.5%
Chile cuts rates for fourth consecutive meeting
Board forecasts inflation will return to 3% target in 2024
Colombian central bank begins cutting rates
Board splits over decision, as inflation remains above 10% while economy slows
Mexico holds rates again, while Peru cuts
Peruvian board says inflation is falling faster, while Banxico predicts more gradual disinflation
ECB holds rates as it lowers inflation expectations
Central bank intends to stop reinvesting maturing assets under PEPP in second half of 2024
BoE holds rates for third straight meeting
“There is still a long way to go,” says Bailey
Norges Bank makes surprise rate hike as inflation rebounds
Governor warns economy is cooling but inflation has risen in past two months
Philippines and Hong Kong hold rates
BSP governor says monetary policy has to remain “sufficiently tight” to bring inflation back to target
SNB lowers inflation expectations as it keeps rates at 1.75%
Swiss central bank adopts a more dovish communication, analysts expect rate cuts early in 2024
FOMC holds rates again, ending year at 5.25–5.5%
“Committee is proceeding carefully” as inflation recedes, but slowly, says Powell
RBI continues holding policy rate at 6.5%
Central bank warns food prices pose upside risk to inflation
BCEAO raises rates 25 basis points amid inflation worries
Move is sixth hike in seven quarters, taking policy rate to 3.5%
Bank of Canada holds rates steady
Macklem says it’s clear the stance of policy is restricting inflationary pressures
Kenya increases policy rate by 200bp to strengthen shilling
Governor says equilibrium rate has been ‘overshot’
RBA holds at last meeting of the year
“Limited information” leads central bank to keep rate unchanged for time being
Minutes: Riskbank united in policy hold
Board members stress having more policy meetings will give them flexibility in 2024
Bank of Korea holds rates and raises inflation forecasts
Governor says interest rates could stay high for more than six months
Bank of Israel keeps interest rates unchanged
Yaron warns government over fiscal policy as central bank cuts growth forecast
ECB willing to hike rates further, say minutes
Governing council stresses it needs to be persistent and vigilant to bring inflation to 2% target