RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Philadelphia Fed President Patrick Harker told reporters in a speech on Tuesday that the Federal Reserve should consider another interest rate hike as early as next month if the US economy continues to improve as it has of late.
"This economy is really quite resilient to a lot of the headwinds (including the strong dollar), so if that continues I would be supportive of another 25 basis point rise." said Harker
Harker who had urged patience last month spoke strongly about the need to not shy away from possible rate hikes and added that monetary policy would still be "incredibly accommodative" even after another three rate rises, which would put the federal funds rate just above 1 percent.
"Barring some unforeseen headwinds which are always possible, then I think it's appropriate to consider every meeting live ... and to consider another 25 basis-point rise" if employment and job growth improves and core inflation rises as they recently have, he said.
