Rates
Federal Reserve Slashes Interest Rates by Half Point, Its First Cut Since the Pandemic as Stocks Rally
The Federal Reserve on Wednesday implemented its first interest rate cut since March 2020, slashing benchmark rates by half a percentage point to counter a potential slowdown in the...
ECB should keep cutting rates gradually, Lane says
THE European Central Bank should keep cutting interest rates gradually but it does not need to set a schedule since conditions could change between moves, ECB chief economist Philip...
Win-win investment property deals exist, but lower interest rates raise risk of bad deals
While the CLI-CICT Ion Orchard deal arguably benefits both parties, investors should be wary of Reit managers bingeing on acquisitionsSometimes, win-win deals do not exist. In trading a pair...
With Powell’s Fed ready to cut rates, a new era of cheap credit beckons
THE US stock market has been stamping its proverbial feet for more than a year now as it demands an interest rate cut from the central bank.
Fed on the edge: Will interest rates take a dive or hold steady?
The market recently absorbed the latest employment report, intensifying expectations of a potential 50 basis point rate cut at the upcoming Federal Open Market Committee (FOMC) meeting on Sep...
Europe: Shares hit one-week high as ECB cuts interest rates
EUROPEAN shares jumped on Thursday after the European Central Bank (ECB) cut interest rates again as inflation hovers within striking distance of its 2 per cent target and the domestic economy is...
RBNZ seen cutting rates further, faster than it currently forecasts
NEW Zealand’s central bank will cut interest rates further and faster than it says it will as the economy contracts and inflation slows, according to investors and some economists.The...
Bank of Japan’s Tamura calls for raising rates to at least 1%
BANK of Japan board member Naoki Tamura said on Thursday the central bank must raise short-term interest rates to at least around 1 per cent to avoid inflationary risks...