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Summary of opinions from the Bank of Japan's July meeting: One member stated that, considering the 1 to 1.5-year lag in the impact of past interest rate hikes on inflation and the domestic economy, it was appropriate to keep interest rates stable at

2026-08-10

Summary of opinions from the Bank of Japan's July meeting: One member stated that, considering the 1 to 1.5-year lag in the impact of past interest rate hikes on inflation and the domestic economy, it was appropriate to keep interest rates stable at this meeting.

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2026-08-10

Hungary's central bank reiterated support for the government's efforts to meet euro-area entry criteria, saying membership would benefit the economy. The central bank's deputy governor said the bank will play a constructive role in meeting entry cond

Hungary's central bank reiterated support for the government's efforts to meet euro-area entry criteria, saying membership would benefit the economy. The central bank's deputy governor said the bank will play a constructive role in meeting entry conditions while maintaining price stability and cited the government's 2030 qualification target. Since the April election win the forint and Hungarian sovereign bond prices have risen. He said euro-area standards—fiscal stability, low inflation and low yields—are beneficial though a common currency carries trade-offs, added that inflation this year could be below 2%, and reiterated the bank would consider lowering its 3% inflation target to align with the euro area.
2026-08-10

EU climate-monitoring agency Copernicus Climate Change Service said July global sea surface temperatures hit a record for the month. Average sea surface temperature across non-polar oceans between 60°N and 60°S reached 20.96°C, above the July 2023 re

EU climate-monitoring agency Copernicus Climate Change Service said July global sea surface temperatures hit a record for the month. Average sea surface temperature across non-polar oceans between 60°N and 60°S reached 20.96°C, above the July 2023 record of 20.89°C. Widespread positive SST anomalies are present in the tropical Pacific, where El Niño has developed and is expected to strengthen further in coming months.
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