The Bank of Canada caught markets off guard by slashing interest rates, despite ongoing uncertainty surrounding the inflation outlook, according to minutes from the latest meeting. Officials weighed economic risks with caution before deciding to ease monetary policy
Brazil’s central bank decided to hold interest rates steady, signaling a strategic pause designed to fuel economic recovery as inflation eases. This choice reflects cautious optimism amid persistent global uncertainties
Australia’s central bank caught markets off guard by holding interest rates steady at 3.85%, bucking widespread expectations of a hike. The Reserve Bank highlighted economic uncertainty and easing inflation as the main reasons for pressing pause this time around
Breaking: In a surprising twist that stunned markets, the Reserve Bank of Australia has chosen to keep interest rates unchanged in a split decision, going against widespread predictions of a cut amid persistent economic uncertainty
Brazil’s central bank has raised interest rates to their highest level since 2016, signaling a cautious approach towards future hikes. With inflation concerns in mind, officials indicate that smaller increases may be on the horizon to balance economic growth and stability.
