Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
Meta-backed research finds exposure to ‘untrustworthy’ social media is rare. The fine print is less reassuring 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
The Reserve Bank of Australia kept its cash rate target fixed at 4.35% following its 10–11 August 2026 meeting; the unchanged rate will take effect from 12 August. Released alongside the August Statement on Monetary Policy, this decision shows the Board's opinion that the current tight posture is still suitable as it tracks the delayed consequences of earlier rate increases on demand, employment, and prices. Headline inflation of 3.8% year-on-year in June 2026, still outside the 2–3% target range, led the RBA to give equal weight to bringing inflation back to target and maintaining full employment.
The hold suggests a deliberate waiting and seeing approach instead of any quick change toward relaxation. For the time being, the RBA thinks the current policy settings are tight enough and wants more proof of falling underlying inflation and lower employment-market stresses before it would think about cutting rates. The next planned decision is 29 September 2026, which will allow leaders more time to evaluate fresh data.
This cautious position draws attention to the central bank's dual mandate quandary: keeping high rates runs the risk of further depressing consumption, real estate activity, and employment; too early easing might let above-target inflation to become fixed. Therefore, instead of reacting to any one inflation report, the RBA's approach calls for a thorough study of both price stability and labour-market situation.
