Rate
Euro, US dollar steady before ECB decision, Swiss franc falls on large rate cut
THE US dollar was broadly steady on Thursday (Dec 12) while the euro traded a touch higher before the European Central Bank’s monetary policy decision later in the day,...
CPF Special, MediSave and Retirement Accounts’ interest rate falls to 4% for Q1 2025
THE interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will fall to the floor rate of 4 per cent per annum from Jan...
Bond traders see inflation data as key to cinching next rate cut
BOND traders are hoping to coast to the end of a volatile year – unless a surprise jump in inflation throws them another curve. Treasuries extended their recent rebound...
How 1% Interest Rate Changes Affect Mortgage Payments
Understanding how interest rates impact mortgage payments is crucial for homeowners. A small change in the interest rate can lead to significant differences in what you pay each month....
Wall Street banks predict biggest China rate cuts in a decade
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up growth and arrest deflation, in the view of...
Wall Street banks predict biggest China rate cuts in a decade
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up growth and arrest deflation, in the view of...
Bank of Japan rate hike bets for this month tumble, pressuring yen lower
MARKET expectations of a Bank of Japan (BOJ) interest rate hike this month sank after a local media report cast doubt on an increase, weighing on the yen.Overnight indexed...
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing moderating inflation and the potential for gradual interest rate...