Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Central Bank of Kenya holds benchmark rate at 8.75% for fourth time
The Central Bank of Kenya kept its benchmark rate at 8.75% for a fourth consecutive meeting, leaving bank borrowing costs steady while it weighs inflation against growth.
RBI Currency Curbs Pushed India’s One-Year Hedging Cost to 4.6%
India’s one-year implied rupee hedging cost rose more than 90 basis points to 4.6%, as the Reserve Bank’s currency-support measures drained forward-market liquidity and disrupted pricing.
Bank of England’s Pill questioned pricing for four rate rises
Bank of England chief economist Huw Pill said he was sceptical that four quarter-point increases would be needed over the next year, despite markets pricing a November rise.
Boston Fed's Collins said another rate rise remained likely before year-end
Boston Fed president Susan Collins said rates would probably need to rise a little further before year-end, while keeping the timing dependent on incoming economic data.
Uganda's central bank lifted reserves 56% and planned more gold purchases
Bank of Uganda said foreign-exchange reserves rose 56% to $6.7 billion in the year to June, while it plans to increase gold purchases during the 2026/27 financial year.
Singapore's MAS held exchange-rate policy unchanged after two consecutive tightenings
Singapore's central bank kept the S$NEER policy band's appreciation rate, width and centre unchanged, while narrowing its 2026 core-inflation forecast to 1.5%–2.0% after two earlier tightenings.
RBA Minutes Flagged Persistent Inflation Risks and Further Rate Rises
Minutes of the Reserve Bank of Australia’s September meeting showed a unanimous rate increase, heightened inflation concern and approval for regular term repo auctions expected to begin in 2027.
Bank of England’s Greene said 3.75% rate was not restrictive
Bank of England policymaker Megan Greene said the 3.75% policy rate was not very restrictive, strengthening her case for a rise before November’s decision meeting.
Federal Reserve’s Hammack backed faster move towards restrictive US policy
Cleveland Fed President Beth Hammack said restrictive policy should be reached relatively quickly, favouring smaller adjustments as inflation remains broad-based ahead of the October meeting.
RBI tightens daily reserve maintenance and schedules ₹25,000 crore bond sale
India’s central bank raised banks’ minimum daily reserve maintenance threshold to 99% and scheduled a ₹25,000 crore bond sale as it moves to drain surplus liquidity.
Congo central bank held policy rate at 12.5% as inflation rose
The Democratic Republic of Congo’s central bank kept its policy rate at 12.5%, while annual inflation had risen to 7.25% by end-September and the marginal lending rate remained 16.5%.
Federal Reserve's Waller backed further rate rises while keeping October flexible
Federal Reserve governor Christopher Waller backed additional rate increases if data evolve as expected, but said they need not occur consecutively, leaving the 27–28 October meeting open.