Central bank rate changes on 12 Dec 2024

On 12 Dec 2024, 2 central banks we track changed their policy rate: the Banco Central do Brasil raised its Selic target rate by 100 bp to 12.25 % and the Bank of Canada cut its Target for the overnight rate by 50 bp to 3.25 %.

Changes

Set by	Rate	Change
Banco Central do Brasil · Brazil	12.25 %	↑ raised +100 bp
Bank of Canada · Canada	3.25 %	↓ cut −50 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.