A central bank has moved to tighten monetary policy even as economic growth remains sluggish, choosing to prioritize the fight against inflation over fears of further...
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October 9, 2026
Category: Global Economy
Australian Shares Edge Flat as Rate-Hike Warning Drags Bank Stocks Lower
Australia’s benchmark share index held near the flatline in recent trading after the Reserve Bank of Australia signaled a possible interest rate increase, sending bank stocks...
Bank Indonesia Holds Benchmark Rate Steady, Rolls Out Hedging Measures to Support Rupiah
Indonesia’s central bank left its key interest rate unchanged at its latest policy meeting, while announcing new incentives designed to help businesses and investors manage currency...
OECD Warns Global Inflation Will Persist, Sees Fed Raising Rates Again
The Organisation for Economic Co-operation and Development says inflation across major economies is proving stubborn, and expects the U.S. Federal Reserve to lift interest rates at...