Australian central bank cuts benchmark interest rate for the first time since October 2020

Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools

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Australia cuts interest rates for first time since 2020 as election looms

RBA points to ebbing inflation pressures but remains ‘cautious’ on further easing
Financial Times - 2d
Australia's central bank cuts rates for the first time in more than four years, flags economic uncertainties

The central bank had held its policy rate steady at 4.35% since November 2023, following an extended period of 13 rate hikes to tame inflation at home.
CNBC - 2d
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.
CNBC - Feb. 11
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.
NBC News - Feb. 11
Banks slash savings rates after Bank of England rate cut

Dozens of providers reduce rates or withdraw products following BoE move
Financial Times - Feb. 12
China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady

The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.
CNBC - 4h
Trump wants interest rate cuts. The market isn't buying it.

Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.
NBC News - Feb. 12
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
The New York Times - Feb. 6
Southport attack: Parents speak publicly for first time since murders

The families also said the sentencing of the man who killed them should not have been televised as they wanted the girls to be remembered for their personalities.
BBC News - Feb. 9

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