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Media Release Number 2026-21: The Reserve Bank of Australia and People’s Bank of China have renewed the Bilateral Local Currency Swap Agreement for a further five years.
Minutes of the Federal Open Market Committee, July 28–29, 2026
Minutes of the Federal Open Market Committee, July 28–29, 2026
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Well operators in the Permian region of western Texas and eastern New Mexico are getting more oil and gas out of the ground by drilling longer, horizontal wells and increasingly incorporating so-called super-lateral wells that exceed 15,000 feet.
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Waterborne shipments of crude oil and petroleum products from the U.S. Gulf Coast (PADD 3) to the West Coast (PADD 5) more than quadrupled year-on-year in April and May following a waiver that permitted a broader group of ships to travel between U.S. ports. Shipments from the U.S. Gulf Coast to the East Coast (PADD 1) also increased.
Media Release Number 2026-20: The Reserve Bank of Australia welcomes the announcement by the Treasurer appointing Melinda Cilento to the Monetary Policy Board.
Federal Reserve Board issues enforcement action with former employee of Regions Bank
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The Producer Price Index for final demand was unchanged in July. Prices for final demand services increased 0.2 percent, and the index for final demand goods decreased 0.7 percent. Prices for final demand increased 4.7 percent for the 12 months ended in July.
We forecast U.S. marketed natural gas production will average 122.5 billion cubic feet per day (Bcf/d) in 2026, surpassing the previous record of 118.5 Bcf/d set in 2025, in our August 2026 Short-Term Energy Outlook (STEO).
In July, the Consumer Price Index for All Urban Consumers rose 0.1 percent, seasonally adjusted (SA), and rose 3.4 percent over the last 12 months, not seasonally adjusted (NSA). The index for all items less food and energy rose 0.2 percent in July (SA); up 2.5 percent over the year (NSA).
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent.
In April 2026, 25 financial institutions active in the UK foreign exchange (FX) market participated in the semi-annual turnover survey for the Foreign Exchange Joint Standing Committee (FXJSC). The survey results are summarised below. Detailed tables for the April 2026 reporting period, linked below, are available separately.
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In 2025, customers in Puerto Rico experienced an average of 36 hours of power interruptions that were not caused by major events such as hurricanes, 19% more than in 2024. On average, between 2021 and 2025, Puerto Rican customers experience 29 hours of power loss each year. By comparison, electricity customers in the mainland United States generally experience about two hours of electricity interruptions per year without major events.