Central bank rate changes on 3 Aug 2023

On 3 Aug 2023, 3 central banks we track changed their policy rate: the Banco Central do Brasil cut its Selic target rate by 50 bp to 13.25 %, the Bank of England raised its Bank Rate by 25 bp to 5.25 % and the National Bank of the Republic of North Macedonia raised its CB bills rate by 15 bp to 6.15 %.

Changes

Set by	Rate	Change
Banco Central do Brasil · Brazil	13.25 %	↓ cut −50 bp
Bank of England · United Kingdom	5.25 %	↑ raised +25 bp
National Bank of the Republic of North Macedonia · North Macedonia	6.15 %	↑ raised +15 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.