China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy steps taken by…
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Rates
Fed to hold rates steady as pressures mount
FEDERAL Reserve officials are widely expected to leave interest rates unchanged on Wednesday (May 7) as they await clarity on the Trump administration’s trade policies, a move likely to…
The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.
Less than a year ago, the Federal Reserve took decisive action to bolster the U.S. economy. With inflation easing and the labor market starting to soften, the central bank opted to go big,…
Trump rules out firing Powell while pushing him to cut rates
US President Donald Trump insisted he does not plan to fire Federal Reserve chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts. “Why would I do that?”…
Bank of Japan keeps rates steady, cuts growth forecasts
The Bank of Japan (BOJ) kept interest rates steady and cut its growth forecasts on Thursday (May 1), as uncertainty surrounding US tariffs clouds the outlook for the world’s fourth-largest…
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty surrounding US tariffs and the hit to exports could keep…
Stocks Extend Gains as Investors Weigh Fed Rates and Tariff Talk
Stocks rose on Thursday, marking a third consecutive daily rally as investors hope for an easing of President Trump’s trade wars and weigh comments from a Federal Reserve official on…
China keeps lending rates steady; trade war raises bets for stimulus
China kept benchmark lending rates steady on Monday (Apr 21) for the sixth successive month, matching market expectations. Stronger-than-expected first-quarter economic growth data might…
US dollar benefits from selling exhaustion, ECB cuts rates
THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while the euro weakened slightly after the European…
ECB cuts rates again to help economy weather erratic US trade policy
The European Central Bank (ECB) cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling eurozone economy that will take a large hit…
Housing market outlook: What forecasters see mortgage rates doing through 2026
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Economic forecasting has never been an easy task, and it becomes even…
ECB to cut interest rates, keep door open to further easing
THE European Central Bank (ECB) is all but certain to cut interest rates on Thursday (Jan 30) and is likely to keep open the door to further policy easing as concerns over lacklustre…
Ukraine birth rates could plunge if Zelensky gives in to Pentagon demand
The Biden administration is urging Ukrainian President Volodymyr Zelensky to lower the draft age from 25 to 18 to boost the military amid the ongoing conflict with Russia, but such a move…
India central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary…
Bank of England suppressing debate on long-term rates, ex-policymaker says
BANK of England (BOE) governor Andrew Bailey is suppressing a critical debate about where interest rates will settle in a move that may sow confusion about the stance of monetary policy,…
DBS, OCBC, UOB aim to stay competitive as foreign players slash mortgage rates
Foreign banks in Singapore have slashed their home loan rates to as low as 2.45%, lower than that offered by the local banks SINGAPORE’S local banking trio will continue to watch interest…
China tells banks to cut interbank deposit rates to boost growth
CHINESE regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to boost the economy, according to sources familiar with…
Quick takes: What Trump’s win means for Asia markets, currencies and interest rates
MANY parts of global markets rallied massively as Donald Trump decisively won the US election on Wednesday (Nov 6). US stocks soared, the dollar strengthened against many major currencies,…
Bank of England to cut rates in decision that will be overshadowed by budget, Trump
THE Bank of England (BOE) is likely to lower interest rates for only the second time this year in a decision that will be overshadowed by the fallout from the UK budget and Donald Trump’s…
China’s mega banks trim deposit rates as stimulus hits profits
CHINA’S largest state-owned lenders have cut their deposit rates on Friday (Oct 18), their second reduction this year as they rushed to salvage record low margins amid weakened…
IRR changes due to interest rates, not regulation: HDFC Life MD & CEO
HDFC Life on Tuesday reported a 14.85 per cent year-on-year (Y-o-Y) increase in net profit at Rs 433 crore for the second quarter (Q2) of 2024-25 (FY25), primarily driven by growth in its…
Experts warn Trump's economic plans could fuel higher inflation rates
The Trump campaign notes that US inflation remained low even as Trump aggressively imposed tariffs. (Photo: PTI) 6 min read Last Updated : Oct 15 2024 | 10:09 AM IST With characteristic…
Brokers’ take: RHB expects better rental rates for Centurion; lifts target price
The research house believes Centurion is well-positioned to yield better rental rates given the shortage of dormitory supply in Singapore RHB on Monday (Oct 14) raised its target price on…
Baht rally halts as Thai government campaigns for lower rates
A DECLINE in Thailand’s baht this month has spurred speculation that the currency’s rally may be ending as tensions grow between the nation’s government and its central bank. The baht has…