Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
RBA Deputy Governor Says November Inflation Slowdown Helpful but Still Above Target 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Thailand Economy Faces Competitiveness Challenges as Strong Baht and U.S. Tariffs Pressure Exports 
Reducing its official cash rate by 25 basis points today, the Reserve Bank of Australia lowered it from 3.85% to 3.60%. All members of the Monetary Policy Board unanimously supported the choice, which was made public on August 12, 2025, therefore highlighting a shared belief that monetary policy should be eased.
Australia's inflation rate slowed to 2.1%, only over the RBA's 2–3% target range, and the unemployment rate reached 4.3%, the highest in 3 ½ years. Soft economic momentum and reduced pricing pressures are reflected in these indicators; therefore, the bank is justified in cutting borrowing rates to promote job and growth.
In its most recent predictions, the RBA indicated an ongoing softening bias. Most major Australian banks now expect another rate decrease, projecting the cash rate could soften to about 3.35% by December 2025 if inflation keeps on moderating and labour market conditions remain shaky.
