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Philippines set for extended rate pause with peso at five-month low
THE Philippine central bank is expected to keep its benchmark interest rate steady for a fourth straight meeting on Monday (Apr 8) as rice inflation bolted to a fresh...
Philippines stands pat on rate as inflation flares, peso weakens
THE Philippine central bank kept its benchmark interest rate unchanged at a 17-year-high amid resurgent inflation and recent decline in the peso. The Bangko Sentral ng Pilipinas left the...
Bank of Japan hints at near-term rate hike, pushing yields higher
BANK of Japan (BOJ) governor Kazuo Ueda said inflation would likely accelerate from “summer towards autumn” as bumper pay hikes push up prices, the Asahi newspaper reported, his strongest...
US: Wall St opens higher as recent data fuels hopes of rate cuts
WALl Street’s main stock indexes opened higher on Thursday (Apr 4) as recent economic reports boosted the prospect of monetary policy easing later this year, while investors awaited policymakers...
ECB continues to lay groundwork for June rate cut, March accounts show
THE European Central Bank (ECB) is increasingly confident that inflation is heading back to its 2 per cent target and the case for easing borrowing costs from record highs...
Asia: Markets lifted by US data and fresh rate cut hopes
ASIAN markets rose on Thursday (Apr 4) after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank’s...
Fed officials say three rate cuts a reasonable baseline for 2024
TWO Federal Reserve officials who vote on monetary policy decisions this year said they still expect the US central bank to cut rates three times in 2024, though they...
What is Mad Cow Disease? A Michigan Woman Dies of Rare Brain Disorder that has 100% Mortality Rate, Sparks Urgent Investigation
A Michigan woman, Arlene VonMyhr, 55, tragically fell victim to a rare and fatal brain disorder known as Creutzfeldt-Jakob Disease (CJD) or Mad Cow Disease. This illness, with a...
