Central bank rate changes on 30 Jan 2025

On 30 Jan 2025, 2 central banks we track changed their policy rate: the Banco Central do Brasil raised its Selic target rate by 100 bp to 13.25 % and the Bank of Canada cut its Target for the overnight rate by 25 bp to 3.00 %.

Changes

Set by	Rate	Change
Banco Central do Brasil · Brazilannounced 29 Jan 2025	13.25 %	↑ raised +100 bp
Bank of Canada · Canadaannounced 29 Jan 2025	3.00 %	↓ 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.