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Calendar
Central bank rates
The policy rate of each major central bank, its last decision and the next one. Rate differences between countries drive a large part of currency moves; the central bank profiles explain how each bank works.
CENTRAL BANK
RATE
LAST DECISION
NEXT DECISION
Federal Reserve (Fed)Federal funds rate (upper bound)
4.00%
Held28 Oct 2026
Wed 28 Oct 2026
European Central Bank (ECB)Main refinancing rate
2.65%
▲ Raised 25 bp10 Sep 2026
Swiss National Bank (SNB)SNB policy rate
0.00%
Held24 Sep 2026
Thu 10 Dec 2026
Bank of Canada (BoC)Overnight rate target
2.50%
▲ Raised 25 bp28 Oct 2026
Wed 28 Oct 2026
Reserve Bank of Australia (RBA)Cash rate target
4.60%
▲ Raised 25 bp29 Sep 2026
Reserve Bank of New Zealand (RBNZ)Official cash rate
2.75%
Held28 Oct 2026
Wed 28 Oct 2026
People's Bank of China (PBoC)1-year loan prime rate
3.00%
Held20 Oct 2026
Fri 20 Nov 2026
Central Bank of the Republic of Azerbaijan (CBAR)Refinancing rate
6.50%
Held23 Sep 2026
Tue 3 Nov 2026
Central Bank of the Republic of Türkiye (CBRT)One-week repo rate
36.00%
▼ Cut 100 bp22 Oct 2026
Thu 10 Dec 2026
Bank of Russia (CBR)Key rate
14.00%
Held23 Oct 2026
Fri 18 Dec 2026
Rates as set by each central bank. Each decision updates this table from our economic calendar; times are GMT. Starting figures checked on 27 October 2026 against the banks’ own announcements and a published rate table. Next-decision dates without a time come from the bank’s meeting schedule and can move.