Monetary policy decisions
RBA holds policy rate as inflation eases
Lowe says inflation is falling but remains too high
Chilean central bank starts easing cycle with 100bp rate cut
Board says inflation is falling faster than expected and signals further reductions
ECB raises rates again but Lagarde says pause is possible
Eurozone banks to receive zero interest on minimum reserves
Costa Rica cuts rates again as inflation turns negative
Strong currency and base effects contribute to unusual readings, central bank board says
Russian central bank raises rates and warns of more to come
Nabiullina says inflationary pressures are rising and warns of effects of bigger fiscal deficit
Sarb pauses rate rises in split decision
MPC votes 3–2 to hold rates at 8.25% after inflation falls within target range
PBoC holds key rate amid lacklustre GDP growth
Chinese economy grew 6.3% in second quarter, missing expectations by a full percentage point
RBNZ halts tightening cycle
Central bank says policy rate will need to remain at a “restrictive” level for some time
Bank of Israel halts tightening cycle
Central bank signals it could raise rates further if inflation does not continue falling
RBA keeps policy rate steady
Decision comes after Australia’s inflation slows in May
Rates round-up: Colombian central bank holds at 13.25%
Dominican Republic cuts rates, while other central banks in the region stay on hold
Kenya hikes 100 basis points at unplanned meeting
New governor says unexpected rise in inflation made rate increase necessary
Riksbank raises rates and signals further tightening
Swedish central bank accelerates government bond sales and is looking to hedge currency risk
SBP reverses course and hikes rates 100bp
State Bank of Pakistan raises key rate in emergency session as IMF deadline looms
Bank of Mexico holds rates again
Board says rates will remain at current level “for an extended period”
Africa: Rate rises for DRC and Namibia, but Zimbabwe says no
DRC and Namibia react to high inflation as expert says Zimbabwe is suffering hyperinflation
Latin America: Brazil holds rates despite president’s attack
Chilean board also holds policy, while Costa Rica cuts after inflation goes below target
Switzerland and Norway raise rates
Norges Bank expects further increases while SNB does not rule them out
BoE makes surprise 50bp rate increase
Central bank to review modelling framework after repeated forecast errors
State Bank of Vietnam cuts interest rates
Move comes after government’s call on the central bank to support businesses and economic growth
BoJ sticks to ultra-loose monetary policy
Japan’s inflation has exceeded 2% target for a year, but central bank is unconvinced it is sustainable
ECB raises rates again and signals more tightening
Tight labour market and core inflation surprises have driven forecasts higher, Lagarde says
Fed holds policy rate steady
Powell says conditions for lower inflation are coming into place, and July will be a “live meeting”
Pakistan holds rates despite high inflation
Reserves resume fall as balance of payments crisis continues