1/ Australia
The Reserve Bank of Australia has raised interest rates three times this year to 4.35%, the highest in the G10, fully reversing last year's cuts.
It now looks on hold for a while after Wednesday's inflation data undershot forecasts, though the RBA chief says policy makers are prepared to raise rates again.
Markets see a further hike later this year as likely but not certain.
2/ Norway
Norges Bank meets in mid-August. It's already in hiking mode after a surprise move in May to curb inflationary pressures fuelled by the Iran war, but left rates unchanged at 4.25% last month.
August is looking like a hold after core inflation slowed in June, helped by the short-lived decline in oil prices.
3/ Britain
The Bank of England kept interest rates on hold at 3.75%, as expected on Thursday, but a third of its nine ratesetters backed a hike.
The rest appear in no rush to raise rates, however, sticking with the wait-and-see approach of Governor Andrew Bailey which he hopes will ensure inflation does not overshoot its 2% target by too much this year.
4/ United States
A divided Fed left rates unchanged on Wednesday and Warsh declined to offer any clues about the rate path.
The lack of clarity heightened investor concerns about whether the Fed needs to do more to rein in inflation and steepened the U.S. bond yield curve as 30-year yields hit 19-year highs.
President Donald Trump, who hand-picked Warsh and called him "brilliant" following the Fed meeting, has made no secret in the past of his desire to see rate cuts.
TLT•
