Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
RBA's Hunter says four rate hikes have not yet tamed inflation as a fifth looks likely
The RBA's assistant governor said the tightening has not done enough, with the cash rate at 4.6% since late September and a fifth increase looking likely at the 3 November meeting.
National Bank of Kazakhstan cuts base rate to 15.75% from 16.25% as inflation slows to 9.3%
The National Bank of Kazakhstan lowered its base rate to 15.75% from 16.25% as annual inflation eased for a twelfth consecutive month to 9.3% in September 2026, and it sees little chance of further moves this year.
Bank of Russia holds key rate at 14% and lifts 2026 inflation forecast to 7.1–7.6%
The Bank of Russia kept its key rate at 14.00% on 23 October while slightly raising its year-end inflation forecast to 7.1–7.6%, with the next rate meeting set for 18 December.
PBOC sets 700 billion yuan MLF operation, draining a net 200 billion yuan
The People's Bank of China will offer 700 billion yuan of one-year MLF on 26 October against 900 billion yuan maturing, while outright reverse repos have added 400 billion yuan this month.
Bank Negara Malaysia and Bank of Thailand join MAS's BLOOM digital money initiative
Bank Negara Malaysia and the Bank of Thailand join the Monetary Authority of Singapore's BLOOM initiative as policymaker members, alongside nine new participants including the World Bank Group.
HKMA designates twelve banks as RMB liquidity providers and lifts repo facility to RMB22 billion
The Hong Kong Monetary Authority raises the repo facility for Primary Liquidity Providers from RMB20 billion to RMB22 billion, with the new two-year term starting on 27 October 2026.
Eurozone ministers set 28 October deadline for Schnabel successor as Lagarde's future stays open
Eurozone finance ministers must put forward candidates by 28 October to replace Isabel Schnabel, who leaves the ECB executive board on 3 January 2027, with the election planned for November.
RBNZ signals December OCR hike, but banks and markets price a 25bp rise to 3% on 28 October
Markets put the odds of a 25 basis point OCR rise to 3% at nearly 90%, although the RBNZ's September projections pointed to the next hike only in December or the first quarter of 2027.
Türkiye's central bank cuts policy rate by 100 basis points to 36% after five holds
Türkiye's central bank cut its policy rate to 36% from 37%, matching market expectations, and said the size and timing of future steps will be decided meeting by meeting.
Bangko Sentral ng Pilipinas raises key rate by 50 basis points to 5.5% in fourth straight hike
The central bank's first half-point increase in nearly four years lifts the target reverse repurchase rate to 5.5%, with inflation forecast to stay high through 2027.
SNB minutes show no need for greater readiness to intervene in forex market
Swiss National Bank minutes show its Governing Board saw no need to raise its readiness to intervene in currency markets when it held the policy rate at 0% on 24 September.
Bank of Korea holds rate at 3.00% after July and August hikes
The Bank of Korea kept its policy rate at 3.00%, as all 34 analysts polled by Reuters expected, with the median forecast in that survey pointing to a hike to 3.25% in November.