Bloomberg The Reserve Bank of India (RBI) is expected to keep its benchmark rate at a seven-year low this week amid slowing growth in Asia’s third-largest economy. With inflation climbing fast toward the Reserve Bank of India’s medium term target, the Federal Reserve starting to shrink its balance sheet and growing speculation the government may loosen purse strings to bolster ...

Bloomberg Indonesia’s central bank should avoid cutting interest rates further because borrowing costs are at an appropriate level even as loan growth remains subdued, according to the chief of the country’s biggest lender. The current benchmark rate of 4.25 percent is “quite optimal,” PT Bank Mandiri President Director Kartika Wirjoatmodjo said in an interview on Sept. 28. “Overall liquidity is ...

Bloomberg Australia’s central bank kept interest rates unchanged — as expected — reinforcing Governor Philip Lowe’s reluctance to follow developed-world counterparts and tighten policy. “Over recent months there have been more consistent signs that non-mining business investment is picking up,” Lowe said in Tuesday’s statement. “A consolidation of this trend would be a welcome development. Business conditions as reported in ...