Macro Economy Review July

May 25, 2022 - In the latest move to counter the rising inflation, New Zealand’s central bank decided to raise official benchmark rate by 50 basis points to 2.0%

July 5 - Australia central bank announced raising cash rate by 50 basis points to 1.35%

July 27 - US Fed Benchmark Hike- The US Federal Reserve raised benchmark interest rate today by 0.75 percentage point , taking its cash rate to a range of 2.25%-2.5%

August 2 - Australia central bank raised benchmark interest rate of another 50 basis points to 1.85%

- APMR News