Rate
Wary of inflation, Taiwan central bank raises key rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), wary of continued inflationary pressures and ahead of an expected rise in electricity prices next...
Swiss National Bank surprises with quarter point interest rate cut
THE Swiss National Bank cut its main interest rate by 25 basis points to 1.5 per cent on Thursday (Mar 21), a surprise move which made it the first...
Bank of England to hold rate despite slowing inflation
THE Bank of England (BOE) is widely expected to keep its main interest rate at a 16-year high on Thursday (Mar 21), rejecting a cut as inflation remains well...
Gold hits record high as US Fed sticks to three rate cuts in 2024
GOLD prices surged to a record high on Thursday (Mar 21) after the US Federal Reserve left interest rates unchanged in a widely expected move and stayed on track...
Hong Kong holds rate as Fed sticks to rate cut outlook
THE Hong Kong Monetary Authority (HKMA) followed the Federal Reserve in holding its base rate, as United States officials maintained their outlook for three interest-rate cuts this year. The...
Oil slips as investors weigh Fed rate decision
OIL prices fell on Wednesday as the US Federal Reserve held interest rate steady and demand concerns continue to weigh. Brent crude futures for May settled down US$1.43, or 1.64...
US: Indices end at records as Federal Reserve confirms plant for 2024 rate cuts
MAJOR Wall Street indices surged to fresh records on Wednesday after the Federal Reserve reaffirmed plans for interest rate cuts in the coming months, cheering investors who had feared...
US Federal Reserve sees three rate cuts in 2024 but a more shallow easing path
FEDERAL Reserve Chair Jerome Powell said on Wednesday recent high inflation readings had not changed the underlying “story” of slowly easing price pressures in the US as the central...
