Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge

Mar 19, 2026 02:53 am UTC| Economy Central Banks

The United States Federal Reserve and Bank of Canada both held interest rates steady on Wednesday while signaling heightened vigilance as the ongoing Iran conflict continues to drive energy prices to alarming levels. The...

Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook

Mar 19, 2026 02:31 am UTC| Economy Central Banks

Federal Reserve Chair Jerome Powell acknowledged significant uncertainty Wednesday, stating policymakers just dont know how rising oil prices stemming from the ongoing Middle East conflict will ultimately impact U.S....

Federal Reserve holds interest rates steady, projects one rate cut in 2026

Mar 18, 2026 20:29 pm UTC| Central Banks

The Federal Open Market Committee (FOMC) maintained the policy rate at 3.5%3.75% for the second straight meeting The Fed adjusted its language on the labor market in its statement, stating that the unemployment rate has...

Bank of Canada rates at 2.25% as expected

Mar 18, 2026 17:41 pm UTC| Central Banks

Bank of Canada maintained its policy rate at 2.25% ass anticipated.The statement emphasized increased uncertainty, pointing out that a new level of risk has been introduced by the war in Iran. The Bank noted that the...

Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness

Mar 18, 2026 04:39 am UTC| Central Banks Economy

The Bank of Japan (BOJ) is widely expected to keep its short-term benchmark interest rate at 0.75% following its March 19 policy meeting, marking a pause after its 25 basis point hike last December. While no immediate rate...

RBA Liftoff: Cash Rate Hits 4.10% as Inflation Pressures Persist

Mar 17, 2026 05:17 am UTC| Central Banks Insights & Views

At 4.10%, the Reserve Bank of Australia has raised the official cash rate aim by 25 basis pointsthe greatest level since early 2012. Following a period of persistently high consumer prices, top financial institutions,...

RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began

Mar 17, 2026 05:00 am UTC| Central Banks Economy

Australias central bank delivered its second consecutive interest rate hike on Tuesday, lifting the official cash rate by 25 basis points to 4.10% its highest level in ten months. The Reserve Bank of Australia (RBA)...