Central bank rate changes on 17 Mar 2022
On 17 Mar 2022, 6 central banks we track changed their policy rate: the Banco Central do Brasil raised its Selic target rate by 100 bp to 11.75 %, the Bank of England raised its Bank Rate by 25 bp to 0.75 %, the Central Bank of Kuwait raised its Discount rate by 25 bp to 1.75 %, the Federal Reserve raised its Federal funds target range by 25 bp to 0.25–0.50 %, the Hong Kong Monetary Authority raised its Base rate by 25 bp to 0.75 % and the Saudi Central Bank raised its Repo rate by 25 bp to 1.25 %.
Changes
| Set by | Rate | Change |
|---|---|---|
 Banco Central do Brasil · Brazil | 11.75 % | raised +100 bp |
 Bank of England · United Kingdom | 0.75 % | raised +25 bp |
 Central Bank of Kuwait · Kuwait | 1.75 % | raised +25 bp |
 Federal Reserve · United States | 0.25–0.50 % | raised +25 bp |
 Hong Kong Monetary Authority · Hong Kong SAR | 0.75 % | raised +25 bp |
 Saudi Central Bank · Saudi Arabia | 1.25 % | raised +25 bp |
Dates are the day a new rate took effect. Some banks announce a few days earlier; the announcement date is shown where we know it.