Rate
US Fed minutes show officials prefer future rate cuts to be gradual
US FEDERAL Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and inflation slowly cools, minutes from their latest policy...
RBNZ set to join aggressive rate cutters with second big move
NEW Zealand’s central bank is expected to lower interest rates by half a percentage point for a second straight meeting, becoming one of the most aggressive cutters among its...
China keeps policy loan rate unchanged for second month
CHINA’S central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus. The People’s Bank of...
RBNZ rate cut wagers leave New Zealand dollar eyeing 2022 low
THE New Zealand dollar is forecast to weaken around 6 per cent in the coming months as a slowing economy prompts investors to price in aggressive interest rate cuts...
UK creates new businesses at slowest rate since 2010
BRITONS started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-term economic growth and productivity, according to official data published on Monday...
Chinese stocks lead Asia markets’ weekly losses amid China data, Fed signal on rate cuts
Major markets across Asia-Pacific broadly fell this week as US consumer prices released showed that inflation stayed firm, and its central bank indicated it was in no hurry to...
US: Wall Street indexes end lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another interest rate cut this year by saying the...
Wall Street ends lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another interest rate cut this year by saying the...
