Interest rates

The US Federal Reserve held rates steady at its Apr 29 meeting in an unusually divisive eight to four vote, the closest since 1992.

BOA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data

Stronger-than-expected US employment reinforces forecast of unchanged interest rates for some time

Bank Negara Malaysia said higher global commodity prices arising from the war were expected to raise domestic cost pressures, though the impact was expected to remain contained.

Bank Negara Malaysia holds key rate steady, flags risks from Middle East crisis 

The latest indicators show the country’s Q1 growth momentum continues, driven by domestic demand and strong exports

Wrapping up the May policy meeting, the Reserve Bank of Australia (RBA) raised its main cash rate by 25 basis points to 4.35%.

Australia’s central bank ramps up inflation fight with third rate hike this year

Markets price in further rate hikes, with peak seen at 4.60% by September

The government has provided aid to public transport drivers, farmers and fisherfolk to cushion the blow, but it has no sweeping fuel subsidies.

Philippines may need larger rate hike as inflation soars past 7%

The BSP has warned that a prolonged oil price shock could disanchor inflation expectations

The Federal Reserve left interest rates unchanged last week.

Barclays becomes latest brokerage to bet on no Fed rate cuts in 2026

US inflation remains well above the Fed’s 2 per cent target

 The central bank has kept its benchmark policy rate unchanged since July last year.

Top Bank of Korea official says it’s time to consider rate hike

The South Korean currency has recently touched its weakest level against the US dollar since the global financial crisis

The European Central Bank also kept the rate at which banks can borrow at its weekly and daily auctions at 2.15% and 2.4%, respectively.

ECB keeps rates on hold and warns about Iran war hit

Inflation in the eurozone is already above its 2% target and expected to rise in the coming months

BOE governor Andrew Bailey said holding rates was a “reasonable place” to be given softness in the UK economy.

Bank of England holds rates as officials consider hikes ahead

The Monetary Policy Committee (MPC) voted 8-1 in favour of leaving the benchmark rate at 3.75%