Central bank rate changes on 15 Dec 2022

On 15 Dec 2022, 3 central banks we track changed their policy rate: the Bank of England raised its Bank Rate by 50 bp to 3.50 %, the Federal Reserve raised its Federal funds target range by 50 bp to 4.25–4.50 % and the Hong Kong Monetary Authority raised its Base rate by 50 bp to 4.75 %.

Changes

Set by	Rate	Change
Bank of England · United Kingdom	3.50 %	↑ raised +50 bp
Federal Reserve · United States	4.25–4.50 %	↑ raised +50 bp
Hong Kong Monetary Authority · Hong Kong SAR	4.75 %	↑ 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.