Bloomberg Australia’s central bank has signalled it’ll remain at the dovish end of the global policy spectrum even as it ended one of its crisis-era tools. The Aussie dollar and bond yields whipsawed as markets that had bet on accelerated interest-rate tightening digested Governor Philip Lowe’s pledge to remain patient in assessing inflation. Lowe, who announced a scrapping of …

  Bloomberg Central banks in some of Africa’s biggest economies will likely look past high inflation and US policy tightening and hold interest rates over the coming weeks to shore up their recoveries from the Covid-19 stasis. Since monetary policy makers on the continent last met, US consumer prices soared to a near four-decade high, setting the stage for the …

  Bloomberg India’s central bank has not fallen behind the curve, having maintained an easy monetary policy stance even as other economies across the world have started tightening, a top official said. “India held its ground and is among a few countries that have retained an accommodative monetary policy, despite some views that we have fallen behind the curve,” Reserve …