Get alerts on this situation
We’ll email you as it develops, and you can follow the whole thread from day one.
Unsubscribe anytime.
[SITUATION] · [ACTIVE]
2 clusters · 6 sources · 20 days · First seen · Last updated
Categories: BUSINESS
Central banks hold rates amid inflation
Entities: US tariff on Indian goods · Reserve Bank of India · Indian rupee · George Partridge · Reserve Bank of Malawi
Overview
In July 2026, Nigeria’s central bank was expected to keep its Monetary Policy Rate at 26.5%, maintaining a high level after a series of aggressive hikes the previous year. The decision reflected persistent inflation and the need to monitor price pressures despite a sizable share of the public favoring a cut.
By early August 2026, the Reserve Bank of Malawi also left its benchmark rate unchanged at 24.0% as inflation eased to 22.9% and was projected to fall further. Simultaneously, the Reserve Bank of India kept its repo rate steady at 5.25% amid lingering food and fuel price risks and external shocks. Both institutions cited a cautious approach, balancing inflation containment with support for modest growth.
Together, these snapshots illustrate a broader trend across emerging economies: central banks are maintaining elevated policy rates while inflation shows signs of moderation, opting for stability over rapid easing.
Timeline
-
2 days ago
[BUSINESS] 6 sourcesReserve Banks of Malawi and India Hold Policy Rates as Inflation Pressures EaseMalawi's central bank held its 24% policy rate as inflation eased, while India's RBI kept its repo at 5.25% amid food, fuel and external risks, both seeking to balance price stability and growth.
-
21 days ago
[BUSINESS] 5 sourcesNigeria Central Bank likely to keep interest rate at 26.5%Nigeria's central bank is expected to keep the benchmark interest rate at 26.5% despite a majority of the public calling for a cut, as inflation remains a key concern.
Sources
globaldata.com · latestly.com · nyasatimes.com · thefinancialworld.com · theindianawaaz.com · timesbull.com