central bank

The Reserve Bank of Australia has raised its cash rate to its highest level in 15 years, a move that lifts borrowing costs for households and businesses across the country. The decision reflects ongoing efforts to rein in inflation, and analysts and borrowers are weighing what it means for mortgages and the wider economy.

The Reserve Bank of Australia has raised interest rates for another consecutive meeting, moving to curb inflation that has proved more persistent than expected. Policymakers signalled that price pressures are broadening, keeping further tightening on the table. Analysts warn higher borrowing costs will weigh on households with mortgages, while economists are debating whether more increases will be needed to bring inflation back to target.

Australia's central bank has raised interest rates to their highest level in 15 years and signalled that further increases remain possible as it battles persistent inflation. Policymakers stressed that more hikes are 'not off the table', a warning that is keeping borrowers, markets and economists on alert about the path of monetary policy.

India's central bank has intervened heavily in foreign exchange markets, draining nearly $20 billion from the banking system's surplus liquidity, according to bankers. The dollar-selling operation, aimed at supporting the rupee, absorbs rupee funds and tightens cash conditions, which could raise short-term funding costs for banks and firms.

Australia's central bank has raised its benchmark interest rate to its highest level in around 15 years, according to the Financial Times. The move means more expensive borrowing for Australian households and businesses, and is aimed at curbing inflation. Reactions so far focus on the pressure this adds to mortgages and the broader cost-of-living squeeze.

The European Central Bank is looking at creating new currency safety nets as part of an effort to strengthen the euro's standing in the global financial system. The reported plans would aim to make the euro a more attractive alternative to the US dollar, but details of the measures and their timeline remain limited so far.

Australia's central bank has lifted its key interest rate to the highest level in 15 years as it tries to bring inflation under control. The move makes borrowing more expensive for households and businesses, and signals policymakers remain willing to tighten further despite concerns about slowing economic growth and mounting pressure on mortgage holders.

Australia's central bank has lifted interest rates to their highest level in 15 years, a move aimed at curbing persistent inflation. The decision means higher borrowing costs for households and businesses, and signals that policymakers remain willing to tighten further despite pressure on mortgage holders.

The Swiss franc is weakening against other major currencies as expectations build that central banks outside Switzerland may raise interest rates, narrowing the gap in yields that has long supported the franc. Markets have historically treated the currency as a safe haven, so shifting rate expectations abroad are prompting investors to reassess their positions in the currency.

Reserve Bank of Australia governor Michele Bullock has reaffirmed that the central bank is prepared to raise interest rates again if inflation requires it. The statement signals no shift in the bank's tightening stance, keeping alive the possibility of further increases and drawing attention from markets and households watching borrowing costs.

A senior Indonesian official said Bank Indonesia has been consistent in intervening in the foreign exchange market to support the rupiah. The statement comes as emerging market currencies face pressure from a strong dollar and global uncertainty. The pledge is meant to reassure investors that the central bank will act to curb excessive volatility and defend the currency when needed.

The Reserve Bank of Australia has raised interest rates, with the effects reaching well beyond mortgage repayments. An analysis by Hanan Dervisevic explains how the decision flows through to savings returns, credit cards, personal loans and business borrowing costs. It underlines how one central bank move reshapes household budgets and spending across the whole economy.

Australia's central bank faces a fresh challenge to its battle against inflation as war in the Middle East sends shockwaves through global energy and financial markets. The Reserve Bank's task of returning inflation to target is now complicated by risks it cannot control, with higher oil prices threatening to push up costs just as domestic pressures ease.

The governor of Slovakia's central bank has said the country is not experiencing any problems financing its debt, pushing back against concerns over its fiscal position. His comments come amid broader worries in Europe about rising borrowing costs and sovereign debt sustainability, and aim to reassure markets and the public about Slovakia's public finances.

Mortgage rates were moving mostly higher on Sept. 29, 2026, according to Fortune's daily rate tracking. The continued upward drift matters for prospective homebuyers facing higher borrowing costs and for homeowners weighing whether to refinance. Rate watchers typically tie such moves to expectations about inflation and central bank policy, though the report itself offers no specific figures or causes beyond the trend.

The Indian central government will pay salaries and pensions on September 25, ahead of schedule, because of an approaching bank strike. The early disbursement affects central government employees and pensioners across the country, ensuring payments reach bank accounts before industrial action disrupts normal banking services.

The Bank of Spain says Pablo Hernández de Cos, its governor, is attracting serious backing as a candidate to lead the European Central Bank. The statement positions the Spanish official as a contender for the eurozone's top monetary policy job, and attention is now on which governments and European leaders will throw their weight behind him.

India's central bank has recommended increasing the limits on advances it provides to state governments. The move would raise the short-term funding available to states for managing their cash flows. Details on the size of the increase and the reasoning have not yet been made clear, and officials have not commented further on the proposal's timing.

Central banks are moving in different directions on interest rates as rising energy prices raise the risk of renewed inflation. The Wall Street Journal reports that policymakers face conflicting pressures: some may hold or cut rates to support growth, while others warn energy costs could keep inflation elevated and warrant tighter policy, leaving global monetary policy increasingly out of step.

Hungary's central bank has paused its interest rate-cutting cycle, with Deputy Governor Barnabas Virag citing worsening market risks as the reason for the halt. The decision signals growing caution from policymakers as financial market conditions deteriorate, and investors are watching whether the hold becomes a prolonged stop or a brief pause in the easing cycle.

A Financial Times piece examines a departure from long-established central banking orthodoxy. The article argues that policymakers are crossing a line that central banks have historically avoided, a shift with potentially significant consequences for monetary policy, market confidence and the credibility of institutions such as the Federal Reserve and the European Central Bank. Readers and analysts are debating which norms are being abandoned and what risks follow.

The Reserve Bank of Australia has raised its key interest rate to its highest level in 15 years, a move aimed at curbing persistent inflation. The increase signals the bank's willingness to keep tightening monetary policy despite pressure on mortgaged households, and is drawing attention from markets and economists assessing whether further hikes will follow.

Energy price shocks are reviving inflation concerns worldwide, putting pressure on central banks to keep or extend monetary tightening. Commentators are watching how policymakers balance high energy costs against slowing growth, with markets reassessing the outlook for interest rates across major economies.

The governor of Mexico's central bank, Banxico, said the institution can chart its interest rate path independently of the US Federal Reserve. The comments signal that Mexican monetary policy does not need to mirror US rate moves, a point of close attention for markets weighing inflation and peso dynamics as the Fed's own policy path remains uncertain.

The UAE central bank has announced a comprehensive overhaul of the regulatory framework governing takaful, the Islamic insurance sector. The reform, detailed in a client briefing by law firm Pinsent Masons, is set to change how takaful operators are licensed and supervised in the UAE. Financial services professionals are watching closely, as the changes could affect compliance requirements and market structure across the country's Islamic insurance industry.

The People's Bank of China has announced adjustments to several of its monetary policy tools. The move signals fine-tuning of how the central bank manages liquidity and supports the economy, though details of which tools were changed and by how much remain limited in early reports. Markets and analysts are watching closely for implications for lending conditions and growth support.

Australia's central bank has raised interest rates to their highest level in 15 years as it battles persistent inflation that has proven harder to tame than expected. The decision means further borrowing costs for households and businesses, and signals that policymakers are prioritising price stability even at the risk of slowing the economy. Commentators are weighing what the hike means for mortgages, growth and the outlook for future rate moves.

The People's Bank of China has lowered its policy lending rate in a targeted effort to support economic growth. The move, reported by Caixin Global, is aimed at easing borrowing costs for businesses and households as Beijing seeks to shore up momentum in a sluggish economy. Analysts are watching whether further stimulus measures will follow.

Yields on 30-year US Treasury bonds have climbed to their highest level since 2002, while the US dollar rose against major currencies. Investors are watching upcoming economic data for clues on the Federal Reserve's interest-rate path, and the Australian dollar slipped after the country's central bank delivered a rate hike, adding to pressure across global bond and currency markets.

Federal Reserve official Michael Barr said additional interest rate increases are likely to be needed to bring inflation back under control. The comments add to expectations that the central bank will keep tightening monetary policy, and investors are watching for signals on the size and timing of future hikes.