Bank of Korea delivers back-to-back rate hikes to cope with inflation
EconomyWhile exports continue to grow, headwinds intensify for small buisinessesSouth Korea's central bank on Aug. 27 delivered its first back-to-back interest rate hike since January 2023. (Photo by Mayumi Tsumita)STEVEN BOROWIECAugust 27, 2026 11:37 JSTSEOUL -- South Korea's central bank raised its key interest rate
BOJ deputy governor Himino calls for 'timely' rate hike
Bank of Japan Deputy Governor Ryozo Himino speaks during an interview with Reuters in Tokyo, Japan, June 28, 2023. REUTERS/Kim Kyung-Hoon 27 Aug 2026 10:02AM URAWA, Japan, Aug 27 : Bank of Japan Deputy Governor Ryozo Himino said on Thursday raising interest rates in a timely manner will help avoid a spike in inflation
Fears grow for fourth rate hike after higher than expected July inflation rate
ABS says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike
Fears are growing that the Reserve Bank will hit millions of mortgage holders with a fourth rate hike this year, after inflation eased in July but by far less than expected.
Consumer prices climbed by 3.5
Faulkender: Warsh Should Reaffirm 2% Target, Not Hike Rates
Michael Faulkender, Former Deputy Secretary of the United States Treasury, says Kevin Warsh should reinforce his commitment to bringing inflation back to 2.0%, while arguing that energy-driven price pressures do not justify an interest-rate increase. Faulkender says the $40 trillion debt threshold may have finally foc