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Trump Blasts Federal Reserve Chairman Jerome Powell and Calls for Him to be Fired after Demanding Interest Rate Cuts to Boost Economy
Donald Trump intensified his longstanding conflict with Federal Reserve Chairman Jerome Powell as the President attacked him for not going for interest rate cuts and calling for his firing....
Bank of Korea holds rate steady after inflation sped up and won wobbled
[SEOUL] The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and the won weakened to a 16-year low...
Bank of Korea holds rate steady while citing big rise in downside risks
[SEOUL] The Bank of Korea kept its benchmark interest rate steady while citing a significant increase in downside risks to growth that have emerged since February, in a dovish...
RBNZ delivers fifth straight rate cut, signals more to come
The Monetary Policy Committee is now chaired by governor Christian Hawkesby, who has taken the role on an interim basis following the shock resignation of Adrian Orr last month[WELLINGTON]...
Trade war boosts odds of Bank of England pushing ahead with May rate cut
THE threat of a global trade war is set to tip the balance at the Bank of England toward more interest-rate cuts, investors and economists say.The raft of tariffs...
UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut
[SINGAPORE] UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from May 1, the maximum interest rate...
Thai central bank surprises with rate cut as risks to growth increase
THE Bank of Thailand unexpectedly cut its key interest rate for the first time in four months, acting after disappointing growth data and public calls for lower borrowing costs...
Thai central bank cuts key policy rate amid slow growth, trade policy risks
THAILAND’S central bank cut its benchmark interest rate by a quarter percentage point on Wednesday (Feb 26), a move it said was a response to a weaker growth outlook...
