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    No respite in US Fed’s interest rate hike

    04 Nov 2022

    On Wednesday, the United States Federal Reserve raised the interest rate by 0.75 per centage points following similar steep hikes earlier. Fed Reserve chairman Jerome Powell did not say whether they have reached the maximum point of rate hikes, though there was speculation that after this the rate hike would be in smaller measures of 0.50 percentage points.

    Fed faces wave of data before deciding on interest rate cut

    20 Jul 2024

    Investors have locked onto the US central bank’s Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell

    Argentina’s central bank cuts interest rate to 40% from 50%

    15 May 2024

    Argentina’s central bank cut the interest rate from 50 per cent to 40 per cent as inflation came down to the monthly rate of 8.8 per cent, a wee bit better than the projected 9 per cent from 25 per cent in December. President Javier Milei, the political novice and television economic pundit who

    Powell admits high interest rate could be harmful

    10 Jul 2024

    United States’ Federal Reserve Chair Jerome Powell told the Senate Banking Committee on Tuesday that the inflation is no longer the sole issue of concern for the central bank and that there is the danger arising from the consistently high interest rate, and that high interest rates over a long period of time

    US rate cuts present investors with a tough choice

    14 Jul 2024

    Looming US interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year

    Indonesia CB signals no further rate hikes after holding steady

    22 May 2024

    Indonesia’s central bank held interest rates unchanged at a review on Wednesday, as expected, saying the current benchmark level remained consistent with keeping inflation in check and maintaining the stability of the rupiah currency. Bank Indonesia (BI) kept the benchmark 7-day reverse repurchase rate at 6.25 per

    Australia inflation slows down in July, but progress still slow

    28 Aug 2024

    Australian inflation slowed to a four-month low in July as government rebates on electricity bills kicked in, but progress on tempering price gains elsewhere disappointed and led markets to pare back the chance of a near-term cut in interest rates. The consumer price index (CPI) rose at

    BoJ deputy chief plays down chance of near-term rate hike

    07 Aug 2024

    The Bank of Japan’s influential deputy governor said on Wednesday the central bank will not hike interest rates when markets are unstable, playing down the chance of a near-term hike in borrowing costs. The remarks by Shinichi Uchida, which contrasted with Governor Kazuo Ueda’s hawkish comments

    BOJ’s Himino reiterates readiness to raise rates if economy on track

    28 Aug 2024

    Bank of Japan Deputy Governor Ryozo Himino on Wednesday reiterated the central bank’s stance that it would continue to raise interest rates if inflation stayed on course, while also closely monitoring financial market conditions. His comments echo those from Governor Kazuo Ueda last

    Gold prices hit all-time high as Fed rate-cut hopes bolster appeal

    12 Sep 2024

    Gold prices rose more than 1% to hit a record high on Thursday, helped by expectations of an interest rate cut by the Federal Reserve next week after US data signalled a slowing of the economy.

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