Central bank rate changes on 16 Jun 2022
On 16 Jun 2022, 5 central banks we track changed their policy rate: the Federal Reserve raised its Federal funds target range by 75 bp to 1.50–1.75 %, the Hong Kong Monetary Authority raised its Base rate by 75 bp to 2.00 %, the Banco Central do Brasil raised its Selic target rate by 50 bp to 13.25 %, the Bank of England raised its Bank Rate by 25 bp to 1.25 % and the Central Bank of Kuwait raised its Discount rate by 25 bp to 2.25 %.
Changes
| Set by | Rate | Change |
|---|---|---|
| 1.50–1.75 % | raised +75 bp | |
| 2.00 % | raised +75 bp | |
| 13.25 % | raised +50 bp | |
| 1.25 % | raised +25 bp | |
| 2.25 % | 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.