1. The central bank of Uruguay lowered the benchmark interest rate to 10.75%.
2. Bank Negara Malaysia kept the overnight policy rate at 3%.
3. The central bank of Sri Lanka: cut the key interest rate by 200 basis points to 12%.
4. Bailey, Governor of the Bank of England, said that he could not announce the date when the interest rate cut will start.
5. Bank of Japan Deputy Governor Shinichi Uchida urges a “balanced decision” on yield curve control (YCC).
6. Fed Logan: Further rate hikes may be necessary, skeptical about significant impact of rate hike lag effects.
7. The Bank of Thailand: The inflation trend is expected to show a downward trend, and economic data will be assessed at the next meeting to formulate an outlook.
8. The Hungarian forint fell against the euro for the eighth consecutive day, the longest streak of depreciation since 2020.
9. Nabiullina, Governor of the Central Bank of Russia: There is an inflation risk in the current exchange rate changes, and we will take this into account when deciding on the benchmark interest rate.
10. Minutes of the Bank of Mexico meeting: It is not ruled out that the existing level of monetary restrictions needs to be maintained for a longer period of time than expected, or that a greater or lesser degree of tightening may be required. Inflation is expected to remain close to the 3% target through the fourth quarter of 2024.
11. The Central Bank of Poland reiterated that it may intervene in the foreign exchange market.
12. Sources from the Central Bank of Argentina: The Central Bank of Argentina plans to keep interest rates at 97% in the short term and is optimistic about a slowdown in inflation.