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The Bank of Canada reduced its key policy rate to a three-year low of 2.5 per cent on Wednesday (Sep 17), the first cut in six months, and said that it would be ready to cut again if risks…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Last week, the average 30-year fixed mortgage rate tracked by Freddie…
The Federal Reserve is expected to cut interest rates this week. Rates are currently around 4.25% to 5.5%, but the Federal Reserve is expected to lower the interest rate by a quarter point…
The ECB halved its key rate to 2% in the year to June but has been on hold ever since The European Central Bank left interest rates unchanged on Thursday (Sep 11) as expected but offered…
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting borrowing costs as current levels are sufficient to…
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting borrowing costs as current levels are sufficient to…
The European Central bank (ECB) is expected to hold interest rates steady again this week with inflation under control and US tariff tensions easing, even as France’s political crisis…
[KUSHIRO, Japan] Bank of Japan Deputy Governor Ryozo Himino said on Tuesday it would be appropriate to continue raising interest rates in accordance to improvements in the economy…
South Korea’s central bank held policy interest rates steady for a second straight review on Thursday, amid concerns about financial imbalance risks caused by a rapid buildup of…
Russian households have amassed a record amount of bank deposits as they take advantage of historically high interest rates for savings accounts in the wartime economy. Deposits held by…
Singapore Airlines (SIA) on Monday (Aug 25) announced a hike in its KrisFlyer redemption and upgrade rates across most route and cabin classes – the first adjustment since 2022. This…
China kept benchmark lending rates in August unchanged for the third consecutive month on Wednesday (Aug 20), in line with market expectations, as authorities signalled they are…
New Zealand’s central bank cut its policy rate by 25 basis points (bps) to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged further reductions in coming months as…
Thailand’s central bank lowered its policy rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months, to support a sluggish economy grappling with falling prices, the…
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation and weakening labour market data. The…
The U.S. stock market is rallying toward records on Tuesday after data suggested inflation across the country was a touch better last month than economists expected. The S&P 500 rose 0.9%…
Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be needed to meet its inflation and employment goals as…
Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be needed to meet its inflation and employment goals as…
Australia’s central bank is poised to deliver its third interest-rate cut this year as inflationary pressures ebb, while governor Michele Bullock is expected to stick with her cautious…
The Bank of England (BOE) cut interest rates on Thursday (Aug 7) but four of its nine policymakers – worried about high inflation – sought to keep borrowing costs on hold. Difficulty…
DBS expects deposits volume growth will continue to support net interest income for 2025, even as its net interest margin (NIM) declines due to falling interest rates, said chief executive…
Shares of DBS soared to a record high on Thursday (Aug 7) – briefly hitting a milestone S$50 mark – as South-east Asia’s biggest lender beat expectations for its second-quarter results…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Homeowners are slowly coming to terms with the likely reality that…
The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50 per cent on Wednesday, in line with expectations, as policymakers waited to see the impact of recent rate cuts…
