Central Bank Rates
Central bank policy rates today
Last updated:
Central banks tracked38
For information only. Figures are reproduced from the cited sources, may be delayed or contain errors, and are not advice of any kind. Always check the original source. This is not investment advice. Translations on this site are not official BIS translations.
Hikes, last 90 days14
Cuts, last 90 days6
Latest changeColombiaOct 1, 2026 hike +25 bp
- Türkiye37.00%
- Russia14.00%
- Brazil13.75%
- South Africa7.25%
- Mexico6.50%
- Indonesia5.75%
- India5.25%
- Australia4.35%
- United States3.875%
- United Kingdom3.75%
- China3.00%
- South Korea3.00%
- Euro area2.50%
- Canada2.25%
- Japan1.25%
- Switzerland0.00%
| Country / region | Policy rate | Since | Previous | 1 year ago | Data as of |
|---|---|---|---|---|---|
| Türkiye | 37.00% | Jan 23, 2026 | 38.00% cut -100 bp | 40.50% | Oct 2, 2026 |
| Russia | 14.00% | Jul 27, 2026 | 14.25% cut -25 bp | 17.00% | Oct 6, 2026 |
| Brazil | 13.75% | Sep 17, 2026 | 14.00% cut -25 bp | 15.00% | Oct 6, 2026 |
| Colombia | 12.25% | Oct 1, 2026 | 12.00% hike +25 bp | 9.25% | Oct 2, 2026 |
| Iceland | 8.00% | Aug 19, 2026 | 7.75% hike +25 bp | 7.50% | Oct 6, 2026 |
| South Africa | 7.25% | Sep 25, 2026 | 7.00% hike +25 bp | 7.00% | Oct 5, 2026 |
| Mexico | 6.50% | May 8, 2026 | 6.75% cut -25 bp | 7.50% | Oct 6, 2026 |
| Romania | 6.50% | Aug 8, 2024 | 6.75% cut -25 bp | 6.50% | Oct 6, 2026 |
| Indonesia | 5.75% | Jun 18, 2026 | 5.50% hike +25 bp | 4.75% | Oct 5, 2026 |
| Serbia | 5.75% | Sep 12, 2024 | 6.00% cut -25 bp | 5.75% | Sep 30, 2026 |
| Hungary | 5.50% | Aug 26, 2026 | 5.75% cut -25 bp | 6.50% | Sep 30, 2026 |
| India | 5.25% | Dec 5, 2025 | 5.50% cut -25 bp | 5.50% | Jul 23, 2026 |
| Philippines | 5.00% | Aug 28, 2026 | 4.75% hike +25 bp | 5.00% | Oct 2, 2026 |
| Chile | 4.50% | Dec 17, 2025 | 4.75% cut -25 bp | 4.75% | Oct 6, 2026 |
| Norway | 4.50% | Sep 25, 2026 | 4.25% hike +25 bp | 4.00% | Oct 2, 2026 |
| Saudi Arabia | 4.50% | Sep 16, 2026 | 4.25% hike +25 bp | 4.75% | Sep 30, 2026 |
| Australia | 4.35% | May 6, 2026 | 4.10% hike +25 bp | 3.60% | Sep 24, 2026 |
| Hong Kong | 4.25% | Sep 17, 2026 | 4.00% hike +25 bp | 4.50% | Sep 29, 2026 |
| North Macedonia | 4.25% | Jun 17, 2026 | 4.00% hike +25 bp | 5.35% | Oct 2, 2026 |
| Peru | 4.25% | Sep 12, 2025 | 4.50% cut -25 bp | 4.25% | Oct 2, 2026 |
| United States | 3.875% | Sep 17, 2026 | 3.625% hike +25 bp | 4.125% | Oct 6, 2026 |
| Czechia | 3.75% | Jun 19, 2026 | 3.50% hike +25 bp | 3.50% | Oct 5, 2026 |
| United Kingdom | 3.75% | Dec 18, 2025 | 4.00% cut -25 bp | 4.00% | Oct 5, 2026 |
| Poland | 3.75% | Mar 5, 2026 | 4.00% cut -25 bp | 4.75% | Oct 6, 2026 |
| Kuwait | 3.50% | Dec 11, 2025 | 3.75% cut -25 bp | 3.75% | Oct 6, 2026 |
| Israel | 3.25% | Sep 3, 2026 | 3.50% cut -25 bp | 4.50% | Sep 30, 2026 |
| China | 3.00% | May 20, 2025 | 3.10% cut -10 bp | 3.00% | Oct 6, 2026 |
| South Korea | 3.00% | Aug 27, 2026 | 2.75% hike +25 bp | 2.50% | Aug 28, 2026 |
| Malaysia | 2.75% | Jul 9, 2025 | 3.00% cut -25 bp | 2.75% | Oct 6, 2026 |
| New Zealand | 2.75% | Sep 3, 2026 | 2.50% hike +25 bp | 3.00% | Oct 2, 2026 |
| Euro area | 2.50% | Sep 16, 2026 | 2.25% hike +25 bp | 2.00% | Oct 6, 2026 |
| Canada | 2.25% | Oct 30, 2025 | 2.50% cut -25 bp | 2.50% | Oct 5, 2026 |
| Morocco | 2.25% | Mar 20, 2025 | 2.50% cut -25 bp | 2.25% | Aug 31, 2026 |
| Denmark | 2.10% | Sep 11, 2026 | 1.85% hike +25 bp | 1.60% | Oct 5, 2026 |
| Sweden | 1.75% | Oct 1, 2025 | 2.00% cut -25 bp | 1.75% | Oct 6, 2026 |
| Japan | 1.25% | Sep 24, 2026 | 1.00% hike +25 bp | 0.50% | Oct 6, 2026 |
| Thailand | 1.00% | Feb 25, 2026 | 1.25% cut -25 bp | 1.50% | Oct 1, 2026 |
| Switzerland | 0.00% | Jun 20, 2025 | 0.25% cut -25 bp | 0.00% | Oct 6, 2026 |
Rate changes in the last 12 months
| Date | Country / region | From | To | Change |
|---|---|---|---|---|
| Oct 1, 2026 | Colombia | 12.00% | 12.25% | hike +25 bp |
| Sep 25, 2026 | South Africa | 7.00% | 7.25% | hike +25 bp |
| Sep 25, 2026 | Norway | 4.25% | 4.50% | hike +25 bp |
| Sep 24, 2026 | Japan | 1.00% | 1.25% | hike +25 bp |
| Sep 17, 2026 | United States | 3.625% | 3.875% | hike +25 bp |
| Sep 17, 2026 | Hong Kong | 4.00% | 4.25% | hike +25 bp |
| Sep 17, 2026 | Brazil | 14.00% | 13.75% | cut -25 bp |
| Sep 16, 2026 | Euro area | 2.25% | 2.50% | hike +25 bp |
| Sep 16, 2026 | Saudi Arabia | 4.25% | 4.50% | hike +25 bp |
| Sep 11, 2026 | Denmark | 1.85% | 2.10% | hike +25 bp |
| Sep 3, 2026 | New Zealand | 2.50% | 2.75% | hike +25 bp |
| Sep 3, 2026 | Israel | 3.50% | 3.25% | cut -25 bp |
| Aug 28, 2026 | Philippines | 4.75% | 5.00% | hike +25 bp |
| Aug 27, 2026 | South Korea | 2.75% | 3.00% | hike +25 bp |
| Aug 26, 2026 | Hungary | 5.75% | 5.50% | cut -25 bp |
Central bank rate changes in the last 12 months →
Method
We download the BIS daily policy-rate series (WS_CBPOL). A change is recorded on the first day the published value differs from the previous day's value. Series that ended (for example euro area members before joining the euro) are not listed. bp = basis points (0.01 percentage point).
About this page
The policy rate is the main interest rate a central bank uses to steer monetary policy. This table lists the current policy rate of each economy covered by the BIS, when it last changed and by how much.