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Gold advances after tame US inflation data eases rate hike bets

This reduces the likelihood that the Fed will tighten monetary policy at its next meeting in September

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TORTOLA, British Virgin Islands, Aug. 12, 2026 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) today announced that its Board of Directors has declared a…

CBSL sees no further rate hikes as inflation expected to return to 5% by mid-2027

By Sanath Nanayakkare Sri Lanka’s Central Bank sees no immediate need for further interest-rate increases or reductions, with inflation expected to gradually ease and return to its 5% target in the…

  • Sri Lanka's Central Bank sees no further rate hikes needed
  • Inflation expected to return to 5% by mid-2027
  • Bank focused on containing inflation without hindering growth

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