The Guardian - World news
Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet 16 June 2026 at 16:00

Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet

16 June 2026 at 16:00

Governor Michele Bullock delivers a strong message after the Reserve Bank holds the cash rate at 4.35%, ending a run of three rises

It will take more than a ceasefire in the Middle East to prevent the Reserve Bank from hiking interest rates again.

That was the strong message from the RBA governor, Michele Bullock, after the central bank held its cash rate at 4.35%, putting an end to a run of three increases.

NYT - Top Stories
Warsh Faces Tenuous Balancing Act in First Fed Meeting as Chairman 16 June 2026 at 10:03

Warsh Faces Tenuous Balancing Act in First Fed Meeting as Chairman

NYT - Top Stories

By: Colby Smith

16 June 2026 at 10:03

Elevated inflation and the specter of rate increases will greet Kevin M. Warsh in his debut as chairman of the Federal Reserve.

Kevin M. Warsh, the Federal Reserve chairman, has inherited a multitude of economic challenges.

The Guardian - World news
Bank of Japan raises interest rates to 31-year high … of 1% 16 June 2026 at 11:41

Bank of Japan raises interest rates to 31-year high … of 1%

The Guardian - World news

By: Graeme Wearden

16 June 2026 at 11:41

Country acts amid Iran war inflation pressures, but US Fed and Bank of England expected to hold rates

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The Bank of Japan (BoJ) has raised interest rates to a 31-year high as it tries to dampen inflationary pressures created by the Iran war.

Policymakers in Tokyo raised the BoJ’s short-term policy rate by a quarter of one percentage point, to 1% from 0.75%, and warned that companies were passing on rising oil costs to each other at a “relatively fast pace”.

The Guardian - World news
RBA interest rates: Reserve Bank holds official cash rate at 4.35% 16 June 2026 at 08:35

RBA interest rates: Reserve Bank holds official cash rate at 4.35%

The Guardian - World news

By: Luca Ittimani

16 June 2026 at 08:35

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year

The Reserve Bank has warned it is ready to raise interest rates further despite leaving its official interest rate on hold at 4.35%.

The widely expected decision on Tuesday will bring little relief to mortgage holders, already strained by the RBA’s three consecutive rate hikes earlier in 2026.

NYT - Top Stories
Japan Raises Rates to 31-Year High to Ward Off War Inflation 16 June 2026 at 05:41

Japan Raises Rates to 31-Year High to Ward Off War Inflation

NYT - Top Stories

By: River Akira Davis and Kiuko Notoya

16 June 2026 at 05:41

Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions.

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