Central Banks
Monetary policy decisions, interest rate changes, and central bank communications worldwide.
China cut targeted lending rate and introduced first-home mortgage subsidy
China cut its one-year pledged supplementary lending rate by 25 basis points to 1.5% and introduced a one-percentage-point mortgage subsidy for eligible first-home buyers nationwide.
MAS Allocated S$1.45 Billion to Five Equity Managers in Singapore
Singapore's central bank allocated S$1.45 billion to five asset managers and committed another S$20 million for market-making support as total programme placements reached S$5.4 billion.
ECB to work on more responsive euro swap lines to strengthen currency
ECB President Christine Lagarde said the institution would develop more responsive euro swap lines, but disclosed no new counterparties, limits or launch date for the proposed liquidity arrangements.
Australia’s central bank raised cash rate to 15-year high of 4.60%
Australia’s central bank lifted the cash rate by 25 basis points to 4.60%, the fourth increase in 2026, as higher energy costs and domestic capacity pressures kept inflation risks elevated.
Egypt's central bank held rates steady as inflation risks persisted
Egypt's central bank kept its overnight deposit rate at 19% and lending rate at 20%, extending its policy hold as it assessed inflation developments and the balance of risks around the outlook.
South African Reserve Bank Unanimously Raised Repo Rate to 7.25%
The South African Reserve Bank unanimously raised its repo rate by 25 basis points to 7.25%, citing inflationary pressure from a persistent global supply shock despite a weaker growth outlook.
Swiss National Bank holds policy rate at zero as inflation rises
The Swiss National Bank kept its policy rate at 0%, raised its 2026 inflation forecast to 0.7% and projected economic growth between 1.5% and 2%.
Bank Indonesia holds policy rate at 5.75% and expands hedging incentives
Bank Indonesia kept its policy rate at 5.75%, matching 29 of 32 economists’ forecasts, while increasing hedging-cost discounts for foreign investors in rupiah assets to support inflows.
Fed officials back September rate rise as US inflation risks persist
Regional Federal Reserve presidents backed September’s quarter-point increase, citing persistent US inflation and a solid labour market as reasons to keep monetary policy restrictive for longer.
New Zealand central bank warns persistent oil rise could lift inflation
Reserve Bank of New Zealand governor Anna Breman said persistently higher oil prices could lift near-term inflation above September forecasts before the bank’s next rate decision on 28 October.
Federal Reserve says online portal handles most discount window loan requests
Federal Reserve Vice Chair Philip Jefferson said more than 60% of discount-window loan requests now pass through its online portal, which was launched in 2024.
Saudi Central Bank confirms mBridge exit after completing its planned pilot
The Saudi Central Bank said it ended participation in mBridge after completing a proof-of-concept on 13 May 2025, removing the kingdom from the cross-border CBDC platform.