Central Banks
RBI Cuts Repo Rate by 25 Basis Points to 6.0% as Inflation Cools
The RBI cut its repo rate by 25 basis points to 6.0% as headline inflation fell to 4.2%, providing relief to borrowers and supporting economic growth momentum.
Central Banks
Central Banks
BOJ Raises Interest Rate to 0.75% in Historic Normalization Step
The Bank of Japan raised its policy rate to 0.75%, the highest since 2008, as sustained wage growth and above-target inflation gave policymakers confidence to continue normalization.
Central Banks
South Korea's BOK Cuts Rate to 3.0% in Surprise Move
The Bank of Korea surprised markets with a 25-basis-point rate cut to 3.0%, responding to weakening exports and rising concerns about household debt servicing costs.
Central Banks
Philippine Central Bank Cuts Rate to 5.5% as Inflation Eases
The Bangko Sentral ng Pilipinas cut its key rate by 25 basis points to 5.5% as headline inflation fell to 2.3%, well within the central bank's target range.
Central Banks
China's PBOC Cuts Reserve Requirement Ratio by 50 Basis Points
China's central bank cut the reserve requirement ratio by 50 basis points, releasing an estimated 1.2 trillion yuan to support the slowing economy.
Central Banks
Japan's BOJ Holds Rates at 0.5% as Yen Weakness Persists
The Bank of Japan kept its benchmark interest rate unchanged at 0.5%, signaling patience as the yen lingered near 152 per dollar.