Central bank rate changes on 1 Feb 2024

On 1 Feb 2024, 3 central banks we track changed their policy rate: the Banco Central de Chile cut its Monetary policy rate by 100 bp to 7.25 %, the Banco Central do Brasil cut its Selic target rate by 50 bp to 11.25 % and the Banco de la República cut its Policy interest rate by 25 bp to 12.75 %.

Changes

Set by	Rate	Change
Banco Central de Chile · Chile	7.25 %	↓ cut −100 bp
Banco Central do Brasil · Brazil	11.25 %	↓ cut −50 bp
Banco de la República · Colombia	12.75 %	↓ cut −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.