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Slow rate hikes could cause wage-price spiral, Bank of Japan paper says
[TOKYO] Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and consumer prices, the Bank of Japan said...
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
[ZURICH] The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc.The quarter-point reduction on Thursday (Jun 19) is the...
Philippines cuts key rate again as inflation stays below target
The Bangko Sentral ng Pilipinas reduced its overnight target reverse repurchase rate to 5.25% on Thursday Published Thu, Jun 19, 2025 · 04:03 PM[MANILA] The Philippine central bank lowered...
Bank of Japan’s gloomy projections suggest no rate hike this year: ex-top economist
[TOKYO] The Bank of Japan is likely to hold off raising interest rates this year unless a dramatic, positive turn of events in US tariffs allows it to overhaul...
Australia: Shares hit 2-week low as miners, gold stocks fall; Fed holds rate
Published Thu, Jun 19, 2025 · 10:09 AMAUSTRALIAN shares hit a two-week low in early trade on Thursday, weighed down by miners and gold stocks as the US Federal...
US: Wall Street indexes open muted ahead of Fed’s interest rate verdict
Published Wed, Jun 18, 2025 · 09:44 PM[NEW YORK] Wall Street’s main indexes opened subdued on Wednesday (Jun 18), ahead of the Federal Reserve’s monetary policy decision, as the...
Gold Prices Surge as Middle East Tensions Rise and Rate Cut Hopes Grow
Markets jittered on Friday as new tensions in the Middle East sent tremors through global finance. Investors fled to gold as a haven in a world of elevated geopolitical risk. The...
Gold Climbs on Softer Inflation Data as Fed Rate Cut Hopes Rise
A recent shift in sentiment across financial markets has offered some relief to investors who have been grappling with inflation concerns. Gold prices climbed on Wednesday after softer-than-expected U.S....
