BoE’s Greene: Warns of second-round inflation effects if we act late

The comments from Bank of England (BoE) Monetary Policy Committee (MPC) member Megan Greene released during the Asian trade on Tuesday signals that she is worried about second-round inflation effects coming into play if we [central bank] fail to act soon.


 

IMF forecasts global real GDP growth of 3.1% in 2026

The International Monetary Fund (IMF) raised its 2026 global growth forecast to 3.1% from 3.0% in July, with strong AI investment offsetting the energy shock from the Middle East war. However, 2027 growth remained unchanged at 3.4%.
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Australian Dollar remains steady following RBA September Meeting Minutes

AUD/USD remains steady after experiencing volatility, hovering around 0.6960 during Asian hours on Tuesday. The pair moves little after the Reserve Bank of Australia (RBA) published the Minutes of its September monetary policy meeting.
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