Central bank rate changes on 22 Dec 2025

On 22 Dec 2025, 2 central banks we track changed their policy rate: the Bank of Russia cut its Key rate by 50 bp to 16.00 % and the Bank of Japan raised its Uncollateralized overnight call rate target by 25 bp to 0.75 %.

Changes

Set by	Rate	Change
Bank of Russia · Russia	16.00 %	↓ cut −50 bp
Bank of Japan · Japanannounced 19 Dec 2025	0.75 %	↑ raised +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.