Central Bank Watch
Australian Rate Cut Today No Surprise
August 12, 2025
The Reserve Bank of Australia’s interest rate cut, like those February and May, amounted to a quarter percentage point (25 basis points). At 3.60%, the new OCR level of 3.60% is its lowest since the start of May 2023. Also as before, the rate change was synchronized with a scheduled quarterly Monetary Policy Report, which […] More
New Overnight Developments Abroad - Daily Update
Fed Rate Hike Still Widely Expected in September Despite a Mixed U.S. CPI Report
August 12, 2025
While overall U.S. CPI inflation of 2.7% last month was a tick under expectations, core inflation excluding food and energy rose 0.2 percentage points to 3.1%, crossing above the 3.0% threshold for the first time in five months. A tariff-led boost to goods prices was not discernible, but a 0.4% monthly advance in non-energy service […] More
