Monetary policy decisions
BoK holds policy at 2.5% and signals room for further cuts
Rhee Chang Yong says four of six board members open to cutting to 2.25% over next three months
Singapore holds policy as economy slows
MAS says this year’s growth will continue to moderate over coming quarters
Iceland, Romania and Serbia hold, while Poland cuts rates
High food inflation continues to affect eastern Europe
Philippines unexpectedly cuts policy rate
Central bank says government spending concerns have weakened business sentiment
Bank of Thailand unexpectedly holds policy
Vitai Ratanakorn’s first meeting as governor results in 5–2 vote to keep rates at 1.5%
New Zealand makes 50bp cut amid weak economic growth
Independent economists were split over level of easing, central bank says it is open to cutting further
Egypt continues easing cycle with 100bp cuts
Slowing inflation and strong currency provide room for lowering rates as country expects IMF review
Australia leaves policy rate unchanged, as expected
Governor says policy a little restrictive, while RBA notes slightly higher-than-forecast inflation data
Banxico cuts rates by 25bp to 7.5%
Mexican central bank follows in Fed’s footsteps and signals intent for more easing
Central Europe’s central banks hold rates
Switzerland, Czech Republic and Hungary keep policy steady
Riksbank cuts rates, teases end to QT in December
Swedish central bank says uptick in inflation is transitory
China leaves benchmark lending rates unchanged
One- and five-year LPRs held steady as PBoC conducts 14-day reverse repo operations before holiday
BoJ holds policy as expected and plans to sell ETF and J-Reit assets
Two board members vote for hike, but all agree on sales that economists say will help normalise policy
Norges Bank continues easing campaign with another 25bp cut
Central bank governor strikes hawkish tone, highlights increasing productivity
BoE holds rates and slows QT
Maturity profile shortened as Bailey aims to avoid disrupting gilt markets
Canada cuts rates amid rising joblessness and sticky inflation
Experts say state of economy puts central bank in a difficult position as it eases by 25bp
BI makes third surprise cut as lawmakers mull its mandate
Bank says 25bp easing aimed at promoting growth, pledges further monetary-fiscal policy alignment
BoK meeting minutes show sole dissenter favoured rate cut
Board members agreed economy showed signs of recovery, but majority voted to hold
National Bank of Serbia holds rates
Summertime inflation warrants restrictive policy, central bank says
European Central Bank holds rates
Staff’s new projections look “similar” to those published in June, Lagarde says
Poland cuts rates by 25 basis points
Economy continues to grow thanks to domestic demand, central bank says
Malaysia holds policy after sanguine economic forecasts
Central bank says trade uncertainties remain but have abated somewhat
Philippines eases policy 25bp to 5% ‘Goldilocks zone’
BSP governor says one more cut likely this year as bank cites risks posed by US trade policy
Riksbank holds rates, signals one more cut possible in 2025
Lacklustre economic activity and higher-than-expected inflation fail to convince bank to cut