Central bank rate changes on 7 Nov 2024

On 7 Nov 2024, 3 central banks we track changed their policy rate: the Banco Central do Brasil raised its Selic target rate by 50 bp to 11.25 %, the Bank of England cut its Bank Rate by 25 bp to 4.75 % and the Saudi Central Bank cut its Repo rate by 25 bp to 5.25 %.

Changes

Set by	Rate	Change
Banco Central do Brasil · Brazil	11.25 %	↑ raised +50 bp
Bank of England · United Kingdom	4.75 %	↓ cut −25 bp
Saudi Central Bank · Saudi Arabia	5.25 %	↓ 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.