Central bank rate changes on 8 Feb 2023
On 8 Feb 2023, 4 central banks we track changed their policy rate: the Central Bank of Iceland raised its 7-day term deposit rate by 50 bp to 6.50 %, the European Central Bank raised its Deposit facility rate by 50 bp to 2.50 %, the Reserve Bank of Australia raised its Cash rate target by 25 bp to 3.35 % and the Reserve Bank of India raised its Policy repo rate by 25 bp to 6.50 %.
Changes
| Set by | Rate | Change |
|---|---|---|
 Central Bank of Iceland · Iceland | 6.50 % | raised +50 bp |
 European Central Bank · Euro area | 2.50 % | raised +50 bp |
 Reserve Bank of Australia · Australia | 3.35 % | raised +25 bp |
 Reserve Bank of India · India | 6.50 % | 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.