Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
Bank Indonesia Hikes BI-Rate to 5.75% in Further Tightening Step
Bank Indonesia raised the BI-Rate to 5.75% at its June meeting, following a 50 basis-point hike in May as the Board of Governors extended its tightening cycle.
Norway's Norges Bank Holds Policy Rate at 4.25% and Flags Further Tightening
Norges Bank kept its policy rate at 4.25% and delivered hawkish guidance, saying it was likely necessary to raise the rate further at one of the forthcoming meetings.
Banco Central do Brasil Cuts Selic Rate by 25 bp to 14.25% in Third Consecutive Cut
Brazil's Copom cut the Selic rate 25 bp to 14.25% at its 279th meeting, in a third consecutive cut consistent with the inflation convergence strategy.
Sweden's Riksbank Holds Policy Rate at 1.75% and Flags Higher Odds of a 2026 Hike
The Riksbank left its policy rate at 1.75% and revised its rate path higher, saying the probability of a rise later in 2026 had increased.
Reserve Bank of Australia Holds Cash Rate at 4.35% in June After May Hike
The RBA left the cash rate at 4.35% following its May hike, with inflation stuck at 4.0% in May keeping monetary policy restrictive.
Federal Reserve Holds Rates at 3.50-3.75% in Chair Warsh's Debut Meeting
The Fed held rates at 3.50-3.75% in Chair Kevin Warsh's first meeting, as new projections showed nine of 19 policymakers expected a hike by end-2026.
Asian Markets Tempered as Bank of Japan Decision Drove Caution
Asian stocks inched higher on Tuesday after a prior session rally on Iran United States peace deal news, as traders shifted focus to central bank decisions led by the Bank of Japan.
Bank of Japan Raises Policy Rate to 1.0% in Landmark Normalisation Step
The BoJ lifted its policy rate 25 bp to around 1.0%, a 31-year high, in a 7-1 vote as Iran war energy prices heightened inflation risks; Governor Ueda was absent.
IMF warned dollar stablecoins had undermined demand for Nigeria's naira
The IMF warned that rising use of U.S. dollar-denominated stablecoins in Nigeria had the potential to weaken demand for the naira and blunt the effectiveness of the country’s monetary policy framework.
South Africa Saw Major Shift in Interest Rate Expectations, Markets Reacted
Markets shifted their expectations sharply for South African interest rates after new data and central bank signals, prompting traders and lenders to reassess timing and scale of policy moves, businesstech reported.
Bank of Japan Decision Tempered Asian Markets After Iran and United States Deal
Asian stocks inched higher on Tuesday but gains eased as investors weighed a reported Iran-United States peace deal against impending central bank decisions, notably an expected rate move from the Bank of Japan.
Thailand's central bank said branch closures hit staff more than AI
Thailand's central bank governor said AI adoption had limited short-term impact on banking employment, and that reductions in staff were driven mainly by a programme of branch closures.