Central bank rate changes on 7 Dec 2022
On 7 Dec 2022, 4 central banks we track changed their policy rate: the Central Bank of Kuwait raised its Discount rate by 50 bp to 3.50 %, the Reserve Bank of India raised its Policy repo rate by 35 bp to 6.25 %, the Reserve Bank of Australia raised its Cash rate target by 25 bp to 3.10 % and the Hong Kong Monetary Authority raised its Base rate by 6 bp to 4.34 %.
Changes
| Set by | Rate | Change |
|---|---|---|
| 3.50 % | raised +50 bp | |
| 6.25 % | raised +35 bp | |
| 3.10 % | raised +25 bp | |
| 4.34 % | raised +6 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.