Central bank rate changes on 23 Sep 2022

On 23 Sep 2022, 5 central banks we track changed their policy rate: the Central Bank of the Republic of Türkiye cut its 1-week repo rate by 100 bp to 12.00 %, the South African Reserve Bank raised its Repo rate by 75 bp to 6.25 %, the Swiss National Bank raised its SNB policy rate by 75 bp to 0.50 %, the Bangko Sentral ng Pilipinas raised its Target reverse repurchase rate by 50 bp to 4.25 % and the Norges Bank raised its Policy rate by 50 bp to 2.25 %.

Changes

Set by	Rate	Change
Central Bank of the Republic of Türkiye · Türkiye	12.00 %	↓ cut −100 bp
South African Reserve Bank · South Africa	6.25 %	↑ raised +75 bp
Swiss National Bank · Switzerland	0.50 %	↑ raised +75 bp
Bangko Sentral ng Pilipinas · Philippines	4.25 %	↑ raised +50 bp
Norges Bank · Norway	2.25 %	↑ raised +50 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.