Central bank rate changes on 22 Mar 2023

On 22 Mar 2023, 3 central banks we track changed their policy rate: the Central Bank of Iceland raised its 7-day term deposit rate by 100 bp to 7.50 %, the European Central Bank raised its Deposit facility rate by 50 bp to 3.00 % and the National Bank of the Republic of North Macedonia raised its CB bills rate by 25 bp to 5.50 %.

Changes

Set by	Rate	Change
Central Bank of Iceland · Iceland	7.50 %	↑ raised +100 bp
European Central Bank · Euro area	3.00 %	↑ raised +50 bp
National Bank of the Republic of North Macedonia · North Macedonia	5.50 %	↑ 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.