Central bank rate changes on 5 May 2022
On 5 May 2022, 6 central banks we track changed their policy rate: the Banco Central do Brasil raised its Selic target rate by 100 bp to 12.75 %, the Federal Reserve raised its Federal funds target range by 50 bp to 0.75–1.00 %, the Hong Kong Monetary Authority raised its Base rate by 50 bp to 1.25 %, the Saudi Central Bank raised its Repo rate by 50 bp to 1.75 %, the Bank of England raised its Bank Rate by 25 bp to 1.00 % and the Central Bank of Kuwait raised its Discount rate by 25 bp to 2.00 %.
Changes
| Set by | Rate | Change |
|---|---|---|
 Banco Central do Brasil · Brazil | 12.75 % | raised +100 bp |
 Federal Reserve · United States | 0.75–1.00 % | raised +50 bp |
 Hong Kong Monetary Authority · Hong Kong SAR | 1.25 % | raised +50 bp |
 Saudi Central Bank · Saudi Arabia | 1.75 % | raised +50 bp |
 Bank of England · United Kingdom | 1.00 % | raised +25 bp |
 Central Bank of Kuwait · Kuwait | 2.00 % | 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.