Poland's Prime Minister TUSK said the government has decided to reintroduce measures to lower fuel prices.

Kent portrayed this week’s pause as a hawkish pause rather than a dovish shift: policy is now restrictive and earlier hikes are working, allowing time to assess effects. The RBA has tightened 75bps this year, lifting the cash rate to 4.35%. He said current rates are near the upper bound of many models’ neutral-rate estimates; housing is clearly weakening and AUD appreciation is reducing import prices, both helping ease inflation. However, weak productivity is constraining supply, core inflation remains 3.6% (above the 2–3% target band), and upside risks persist, so the door to further tightening is not closed.

Aug 12-13, 2026, in Jaipur, India, China's Vice Finance Minister Liao Min attended the first 2026 BRICS finance ministers and central bank governors meeting. Liao said China is willing to deepen practical cooperation on infrastructure investment, customs and taxation and to support the New Development Bank’s operations; Beijing welcomed progress in the BRICS finance think‑tank network. He highlighted China’s shift toward higher‑quality growth and said 15th Five‑Year Plan measures to expand domestic demand, invest in people and promote innovation will continue, with China providing ongoing support and opportunities for global economic growth.