Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
Philippine Central Bank Signals Steady Interest Rates as Inflation Rises and Growth Slows 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Morgan Stanley Raises KOSPI Target to 5,200 on Strong Earnings and Reform Momentum 
FxWirePro- Major Crypto levels and bias summary 
During its monetary policy decision on July 8, 2025, the Reserve Bank of Australia (RBA) stunned markets by keeping its cash rate unchanged at 3. 85%. This decision ran counter to market and economist expectations for a 25 basis point rate cut, which had often been forecast given recent weaker inflation and economic statistics. The judgment underlines the central bank's prudent posture in the face of changing economic conditions.
The RBA stressed in its formal statement the continual ambiguity in the economic future. Though recognizing that inflation risks seem more balanced and the labor market is still robust, the Board stated clearly that it would like to obtain additional data before implementing any adjustments. The central bank is looking for extra verification that inflation is progressively approaching its 2. 5% target throughout time.
Recent economic figures indicated an annualized inflation of 2. 1%, inside the RBA's 2–3% target, and a steady unemployment rate around 4. 1%. The RBA's choice reflects a wait-and-see strategy since it watches both local and worldwide dangers even if these results are encouraging. Market participants will be closely following any future data releases looking for clues about future policy changes.
