Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
FxWirePro- Major Crypto levels and bias summary 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
On 20 May 2025, Reserve Bank of Australia (RBA) lowered the cash rate by 25 basis points to 3.85%. This is in line with RBA's assumption that inflation is decelerating, as trimmed mean annual inflation rate fell to 2.9% and headline inflation fell to 2.4%. Despite the healthy labor market, the RBA is cautious about risks to the economy's outlook, such as declining household consumption and international events. The monetary policy of the RBA is focused on price stability and full employment amid foreign uncertainty. The Board observes that inflation risks are no longer skewed to the downside and require less cautious policy response. But they are data-sensitive and bound to respond sharply to any material changes in the Australian economy.
Markets and economists had broadly expected the rate cut, but RBA Governor Michele Bullock's subsequent comments and updated economic projections will give greater clarity to the central bank's thinking. Look for whether there is any suggestion of future rate action, particularly in response to global risks like US tariffs and the eventual impact on Australia's economy.
