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Australia central bank pondered raising rates on higher inflation risks
Australia central bank pondered raising rates on higher inflation risks
May 21, 2024
AUSTRALIA’S central bank decided to stand pat on interest rates at its May meeting in part to avoid “excessively fine-tuning” policy, but judged a hike might be needed if...
New Thai Finance Minister to meet central bank chief on Thursday
New Thai Finance Minister to meet central bank chief on Thursday
May 15, 2024
Thailand’s new Finance Minister plans to meet the central bank governor on Thursday (May 16), having taken a conciliatory tone in a long-running public disagreement between the government and...
China’s central bank leaves key policy rate unchanged
China’s central bank leaves key policy rate unchanged
May 15, 2024
CHINA’S central bank extended a key policy loan at the same borrowing cost, signalling an intention to aid a nascent economic recovery without adding pressure on the yuan.The People’s...
China’s central bank leaves key policy rate unchanged
China’s central bank leaves key policy rate unchanged
May 15, 2024
CHINA’S central bank left a key policy rate unchanged when rolling over maturing medium-term lending facility (MLF) loans on Wednesday, in line with market expectations.The steady MLF rate shows...
China’s central bank vows to support economic recovery
China’s central bank vows to support economic recovery
May 10, 2024
China’s central bank said on Friday (May 10) it will ensure reasonably ample liquidity and credit expansion to consolidate the country’s economic recovery, which still faces many challenges.The People’s...
Teen Anti-Israeli Protester Arrested for Vandalizing WWI Memorial in Central Park after Father Turns in Him
Teen Anti-Israeli Protester Arrested for Vandalizing WWI Memorial in Central Park after Father Turns in Him
May 10, 2024
A teenage Anti-Israeli protester who vandalized a World War I memorial in Central Park earlier this week has been arrested after his father turned him over to the authorities,...
Malaysia central bank maintains policy rate at 3%
Malaysia central bank maintains policy rate at 3%
May 9, 2024
Malaysia’s central bank kept its benchmark interest rate unchanged on Thursday (May 9), in line with market expectations, against a background of a weakening ringgit currency and steady inflation...
No surprise as Malaysia’s central bank holds key interest rate at 3%
No surprise as Malaysia’s central bank holds key interest rate at 3%
May 9, 2024
[KUALA LUMPUR] Malaysia’s central bank maintained its benchmark interest rate at 3 per cent on Thursday (May 9), choosing not to follow the recent rate hikes by other South-east...
Swedish central bank lowers key rate, sees two more cuts this year
Swedish central bank lowers key rate, sees two more cuts this year
May 8, 2024
Sweden’s central bank cut its key interest rate to 3.75 per cent from 4.00 per cent on Wednesday (May 8) as expected, and said it was likely to cut...
AI risks to financial stability are already a central bank worry
AI risks to financial stability are already a central bank worry
May 7, 2024
DANGERS to financial stability posed by the development of artificial intelligence (AI) tools are already starting to become a worry, two central bank chiefs told a conference on Tuesday...