Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
The Reserve Bank of Australia, on April 1, 2025, said it would keep the cash rate steady at 4.10%, as expected by markets following a February rate cut. The RBA reiterated that underlying inflation is coming down from its peak in 2022 and emphasized the importance of observing sustained inflation returning to the 2-3% target band.
Even accepting inflation has run out of steam, the RBA is wary of the unknowns of what lies ahead for the economy and inflation and is moving cautiously. The RBA considers monetary policy stance as at the moment tight and ready to move interest rates if conditions warrant, due to international developments and domestically within the economy.
The RBA will pay attention to changing data and risks and use them in future monetary policy, closely following world economic trends and maintaining its watchful eye over domestic demand. The move comes as the Australian government remains in caretaker mode ahead of the May 3, 2025, election, which may shape economic psychology and deliberation over policy.
