Interest rate decision · Sierra Leone

Sierra Leone Interest Rate Decision

The Sierra Leone Interest Rate Decision is the central bank's announcement of its main policy rate, its policy rate. It is the price of money in Sierra Leone: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

Importancia
Medium
Próxima publicación

Últimas cifras

El último dato se publicó el 2026-09-30 y fue 17.25%. Es más que 17.0% la vez anterior.

PublicadoParaRealConsensoAnterior
30 Sep 2026–17.25%–17.0%

Verlo en el calendario económico →

Por qué importa

No release moves markets more directly. The rate decides what holding the the local currency pays, so the currency, government bond yields, bank shares and the whole stock market react within seconds. Markets usually price the decision in advance, so the surprise, and the tone of the statement and press conference, matter as much as the number: a hold with a hawkish message can lift the currency more than an expected hike.

Cómo se calcula

There is nothing to calculate: the rate is set by a vote of the central bank's policy committee at scheduled meetings. The committee weighs inflation against its target, the labour market, growth and financial conditions. Most decisions move in steps of 0.25 percentage point; 0.50 or more signals urgency.

Taylor rule (a rough guide many economists use):
rate ≈ neutral rate + inflation + 0.5 × (inflation − target) + 0.5 × output gap

Qué significan los cambios

  • Compare the decision with the consensus: a surprise move is rare and causes the largest reactions.
  • Read the statement for changes in wording; "further tightening may be needed" versus "policy is appropriate" is what traders act on.
  • Look at the vote split: dissents in one direction often foreshadow the next move.
  • A hike or hawkish hold usually lifts the the local currency and bond yields; a cut or dovish tone does the opposite. Stocks usually prefer lower rates unless the cut signals a weakening economy.

Mayor de lo esperado: A higher rate than expected (or a hawkish surprise) usually lifts the the local currency and bond yields and weighs on stocks.

Menor de lo esperado: A lower rate than expected usually weakens the the local currency, lowers bond yields and supports stocks.

Una breve historia

Central banks have set lending rates since the Bank of England raised its Bank Rate in the 18th and 19th centuries to defend its gold reserves. Since New Zealand adopted formal inflation targeting in 1990, most central banks set rates to keep inflation near a target, usually 2%.

Preguntas

What is the Sierra Leone Interest Rate Decision?

The Sierra Leone Interest Rate Decision is the central bank's announcement of its main policy rate, its policy rate. It is the price of money in Sierra Leone: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

What was the latest Sierra Leone Interest Rate Decision?

17.25%, published on 30 September 2026.

When is the next Sierra Leone Interest Rate Decision?

On Tuesday 15 December 2026.

When is the Sierra Leone Interest Rate Decision announced?

On the dates of the central bank's scheduled policy meetings, published a year in advance; the calendar above shows the next one.

Why do markets move before the decision?

Interest-rate futures and swaps price the expected decision days ahead; on the day, only the difference from those expectations moves prices.

Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.