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Central Banks

Tue, Oct 06, 2026 03:22 PM All times are UTC

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RBA Liftoff: Cash Rate Hits 4.10% as Inflation Pressures Persist

Mar 17, 2026 05:17 am UTC| Central Banks Insights & Views

At 4.10%, the Reserve Bank of Australia has raised the official cash rate aim by 25 basis pointsthe greatest level since early 2012. Following a period of persistently high consumer prices, top financial institutions,...

RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began

Mar 17, 2026 05:00 am UTC| Central Banks Economy

Australias central bank delivered its second consecutive interest rate hike on Tuesday, lifting the official cash rate by 25 basis points to 4.10% its highest level in ten months. The Reserve Bank of Australia (RBA)...

Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target

Mar 17, 2026 02:59 am UTC| Central Banks Economy

Bank of Japan Governor Kazuo Ueda reaffirmed on Tuesday that underlying inflation in Japan is steadily moving toward the central banks 2% target, emphasizing that sustainable price growth must be supported by consistent...

Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears

Mar 16, 2026 05:04 am UTC| Central Banks Economy

The Bank of Japan is widely expected to keep its benchmark interest rate unchanged at 0.75% this Thursday, even as rising inflationary pressures force policymakers to maintain a cautious rate-hike stance. The decision...

RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty

Mar 16, 2026 05:02 am UTC| Central Banks Economy

The Reserve Bank of Australia is widely expected to raise its benchmark interest rate by 25 basis points at the conclusion of its two-day policy meeting on March 17, bringing the cash rate to 4.10% a one-year high. The...

Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027

Mar 16, 2026 05:01 am UTC| Central Banks Economy

Taiwans central bank is widely anticipated to keep its benchmark discount rate unchanged at 2% during its quarterly meeting this Thursday, with economists projecting this stance will remain in place well into 2027. A...

Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears

Mar 13, 2026 00:07 am UTC| Economy Central Banks Politics

Bond markets are rapidly dialing back expectations for Federal Reserve interest rate cuts in 2025, as surging oil prices reignite inflation concerns and political pressure from President Donald Trump intensifies....

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Economy

Trump Opens Tax-Exempt Dyed Diesel Access as Fuel Prices Surge

U.S. President Donald Trump signed an executive order on Monday expanding access to tax-exempt dyed diesel as soaring fuel prices and global oil supply disruptions put pressure on American consumers and businesses. Under...

Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households

Australian consumer confidence fell sharply in October as households grew increasingly worried about rising living costs, higher interest rates, personal finances and the jobs outlook, according to data released Tuesday by...

Samsung, SK Hynix Shares Fall Ahead of Q3 Earnings

Shares of South Korean chip giants Samsung Electronics and SK Hynix declined on Tuesday as investors turned cautious ahead of their third-quarter earnings reports, despite broader strength across the global semiconductor...

Asian Currencies Steady as Dollar Holds Near 18-Month High

Asian currencies traded mostly flat on Tuesday as the U.S. dollar remained close to an 18-month high, supported by elevated Treasury yields and persistent inflation concerns. The euro stayed under pressure near a 17-month...

Asian Stocks Rise as Nasdaq Record Offsets Bond Yield Pressure

Asian stocks traded mostly higher on Tuesday, supported by a record close on the Nasdaq, although surging U.S. Treasury yields and elevated oil prices kept investors cautious. Wall Street provided a positive lead after the...

Politics

Trump Envoy Meets Sudan Army Chief in Egypt

A senior envoy for U.S. President Donald Trump attended an event in Egypt alongside Sudanese army chief Abdel Fattah al-Burhan as Washington continues efforts to find a political solution to Sudans devastating civil war....

France Student Protests Intensify Nationwide

France faced widespread high-school blockades and union-backed demonstrations on Tuesday as students stepped up pressure on President Emmanuel Macrons government over teacher shortages, deteriorating school buildings and...

Flavio Bolsonaro Surges as Family Scores Brazil Election Comeback

Brazils election delivered a dramatic political comeback for the Bolsonaro family, even though former President Jair Bolsonaro was not on the ballot. Bolsonaro, 71, is under house arrest while serving a 27-year sentence...

Trump Gaza Peace Plan Stalls as Israel Retains Control

US President Donald Trumps Gaza peace plan remains stalled a year after its launch, with Israel retaining control over roughly two-thirds of the enclave and continuing near-daily strikes despite an October 2025 ceasefire....

Trump Orders Firing Squad Execution for Fort Hood Gunman

President Donald Trump has approved the execution by firing squad of former U.S. Army Major Nidal Hasan, who was sentenced to death for killing 13 people in the 2009 Fort Hood shooting in Texas. Pentagon spokesperson Sean...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI, Anthropic Back Mandatory AI Breach Reporting in Australia

OpenAI and Anthropic said they would support Australian laws requiring artificial intelligence companies to report data breaches caused by AI agents, as lawmakers consider tougher AI regulation following several security...

DeepSeek Seeks $12 Billion Funding Round Backed by Tencent, CATL

Chinese artificial intelligence powerhouse DeepSeek is preparing to raise at least 80 billion yuan ($12 billion) in a major funding round backed by Tencent and battery giant CATL, Bloomberg reported on Tuesday. DeepSeek...

Nvidia-Backed Reflection AI Launches Beam Open-Weight Model

Nvidia-backed startup Reflection AI has launched Beam, its first open-weight artificial intelligence model, as the U.S. company looks to challenge lower-cost Chinese AI models in coding and agentic tasks. Reflection AI...

Meta and Microsoft Cut Internal Claude AI Use

Meta Platforms and Microsoft are reducing their internal reliance on Anthropics Claude AI models as both technology giants encourage employees to adopt proprietary artificial intelligence tools, according to a report from...

Huawei, Qualcomm Sign Multi-Year AI and 5G Patent Deal

Chinas Huawei Technologies has reached a broad multi-year patent licensing agreement with Qualcomm covering key technologies including artificial intelligence, 5G, computing and networking, strengthening the companies...