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The Bank of Russia kept its key rate at 14% on October 23, 2026 and raised its year-end inflation forecast to 7.1%-7.6%; the next meeting is December 18.
Turkey's central bank cut its one-week repo rate to 36% from 37% on October 22, 2026, its first cut since January, as inflation fell below 30%.
Bank Indonesia kept its BI-Rate at 5.75% on October 21, 2026, but raised its deposit facility rate to 5.00% and cut banks' reserve requirements to steady the rupiah.
The Bank of Korea kept its base rate at 3.00% on October 22, 2026, pausing after hikes in July and August, with inflation at 2.9% and growth stronger than expected.
Brazil's IPCA inflation rose to 4.58% in September 2026, above the 4.5% target ceiling, as power bills jumped, IBGE said on 9 October.
Americans Robert E. Hall and Michael Woodford won the 2026 economics Nobel on 12 October for the microeconomic foundations of macroeconomic stabilisation.
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