Central bank rate changes on 19 Dec 2024

On 19 Dec 2024, 3 central banks we track changed their policy rate: the Bank Al-Maghrib cut its Key rate by 25 bp to 2.50 %, the Federal Reserve cut its Federal funds target range by 25 bp to 4.25–4.50 % and the Hong Kong Monetary Authority cut its Base rate by 25 bp to 4.75 %.

Changes

Set by	Rate	Change
Bank Al-Maghrib · Morocco	2.50 %	↓ cut −25 bp
Federal Reserve · United States	4.25–4.50 %	↓ cut −25 bp
Hong Kong Monetary Authority · Hong Kong SAR	4.75 %	↓ 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.