Central bank rate changes on 19 Sep 2024
On 19 Sep 2024, 4 central banks we track changed their policy rate: the Federal Reserve cut its Federal funds target range by 50 bp to 4.75–5.00 %, the Hong Kong Monetary Authority cut its Base rate by 50 bp to 5.25 %, the Banco Central do Brasil raised its Selic target rate by 25 bp to 10.75 % and the Central Bank of Kuwait cut its Discount rate by 25 bp to 4.00 %.
Changes
| Set by | Rate | Change |
|---|---|---|
| 4.75–5.00 % | cut −50 bp | |
| 5.25 % | cut −50 bp | |
| 10.75 % | raised +25 bp | |
| 4.00 % | 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.