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Turkey's Defense Ministry said it will deploy air defense systems under NATO's standing defense plan.

2026-06-16

Turkey's Defense Ministry said it will deploy air defense systems under NATO's standing defense plan.

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2026-06-16

The Reserve Bank of Australia left the cash rate at 4.35% in a unanimous 9-0 vote, marking its first pause after three increases this year that have begun to weigh on the economy. Chair Bullock will hold a press conference; markets will watch for gui

The Reserve Bank of Australia left the cash rate at 4.35% in a unanimous 9-0 vote, marking its first pause after three increases this year that have begun to weigh on the economy. Chair Bullock will hold a press conference; markets will watch for guidance on whether the bank is entering a prolonged pause or will maintain a restrictive stance. The RBA said: "Since the start of the year the cash rate target has been increased three times; the current financial The environment is tighter than before, and signs of economic slowing have appeared as expected." The pause signals a pullback from earlier aggressive tightening that made the RBA an outlier among major central banks. Policymakers said inflation remains too high and energy cost upside from the Iran war is a risk, but recent soft data gives scope to hold rates steady and reassess.
2026-06-16

RBA Governor Bullock said he remains concerned about inf but that the outlook is better; upside risks to inf persist.

RBA Governor Bullock said he remains concerned about inf but that the outlook is better; upside risks to inf persist.
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