Australia's central bank left its benchmark interest rate unchanged for the third straight meeting as inflation is expected to return to the target in a reasonable time. At the final board meeting of Philip Lowe as governor, the policy board decided to hold the cash rate target at 4.10 percent. The decision matched economists' expectations. The interest rate paid on Exchange Settlement balances wa...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.