Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
ECB September account showed broad agreement inflation risks remained tilted upwards
The ECB's September meeting account showed policymakers unanimously viewed inflation risks as tilted upwards, while subsequent comments and economic evidence supported caution over another immediate rate increase.
ECB’s Wunsch opposed higher bank reserves as quasi-fiscal policy risk
Belgian central bank governor Pierre Wunsch opposed raising unremunerated reserve requirements, warning that using the measure to curb central-bank losses could weaken future monetary operations.
Tunisia’s central bank held policy rate at 7% as inflation rose
Tunisia’s central bank held its policy rate at 7% after September inflation rose to 5.6%, while warning that energy costs and weaker external balances increased upside risks.
Kenya central bank held rate at 8.75% amid inflation rise
Kenya’s central bank kept its benchmark rate at 8.75% for a fourth meeting, while raising its 2026 growth forecast to 5.0% and flagging El Niño risks.
Bank of Japan Reported Broader Cost Pass-Through Across Regional Economies
The Bank of Japan said firms were passing through wider cost pressures, upgraded two of nine regional assessments and linked stronger output to artificial-intelligence demand before its late-October policy meeting.
Federal Reserve minutes showed most officials expected another 2026 rate increase
Federal Reserve minutes showed most officials expected another 2026 rate increase, while a few urged stronger preparations for possible Treasury-market disruption without expanding the central bank’s footprint.
IMF urged central banks to retain hawkish bias amid global shocks
IMF managing director Kristalina Georgieva urged many central banks to maintain a prudently hawkish bias as energy costs, record debt and AI investment threatened inflation and financial stability.
South African Reserve Bank warned inflation could stay above tolerance into 2027
South Africa’s central bank said inflation could remain above its 2%–4% tolerance band into 2027, warning persistent oil, food and administered-price shocks risk spreading into wages and expectations.
Turkey’s central bank said deposits rose TRY800 billion amid fund turmoil
Turkey’s central bank said a significant share of investment-fund outflows moved into deposits as total deposits rose TRY800 billion, while it found no system-wide contagion risk.
India’s RBI raised repo rate to 5.50% as inflation broadened
The Reserve Bank of India unanimously raised its repo rate by 25 basis points to 5.50%, shifted to calibrated tightening and lifted its annual inflation forecast to 5.2%.
Russia opened more than 220,000 digital rouble accounts after nationwide launch
Russians opened more than 220,000 digital rouble accounts during the first month of nationwide availability, exceeding the central bank's roughly 60,000-account forecast for the end of 2026.
BIS chief warned debt could constrain future central-bank crisis responses
BIS general manager Pablo Hernández de Cos warned that high public debt, larger non-bank markets and faster technology could make central-bank intervention during future financial crises harder to calibrate.