RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
The People's Bank of China has cut its interest rates again and lowered the reserve requirement ratio in an effort to boost the ailing economy.
- The Chinese central bank reduced its benchmark one-year lending rate by 25 basis points to 4.35%.
- At the same time the central bank cut its one-year deposit rate by 25 basis points to 1.5%.
- Policymakers also slashed the reserve requirement ratio, the amount of reserves banks must hold, by 50 basis points with an extra 50 basis points reduction for some institutions.
