Central Bank Watch
A Third Hike in Australia’s Official Cash Rate
May 5, 2026
After three straight 25-basis point increases of the Reserve Bank of Australia‘s Official Cash Rate, the rate level of 4.35% is back to this decade’s high maintained from November 2023 until February 2025 and matches the otherwise most restrictive level since early 2011. Australian consumer price inflation of 4.7% stands at a 30-month high. A […] More
New Overnight Developments Abroad - Daily Update
Financial Markets Attempt Rebound from War-Related Monday Difficulties
May 5, 2026
Monday saw an escalations of Middle East hostilities, with U.S. forces claiming to have successfully escorted a few ships out of the Strait of Hormuz and Iran attacking facilities in the U.A.E. and promising retaliation for the U.S. actions. Tuesday’s big question is whether the ceasefire first imposed on April 8th will continue to hold. […] More
