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monetary policy
Reserve Bank of Australia raises cash rate to 4.6 per cent in September
The RBA has delivered its fourth rate hike of 2026 to combat persistent inflation and global energy shocks. Mortgage holders face higher repayments while savers benefit from higher deposit rates.
Bank of England holds interest rates at 3.75% in split vote
The Bank of England maintained the base rate in a 6-3 split vote, balancing rising energy costs and inflation against the risk of stifling economic recovery.
Federal Reserve Raises Interest Rates by Quarter Point Amid Persistent I…
The Federal Reserve has implemented its first interest rate hike since 2023, signaling a potential prolonged tightening cycle as inflation remains above target.