Rates
BOJ is set to raise benchmark rates to highest level since 1995
The yen’s weakness has played a vital role in reviving inflation by prompting businesses to pass their higher input costs on to consumers[TOKYO] Governor Kazuo Ueda is widely expected...
Gold rises as a divided Fed cuts rates; silver hits record high
[BENGALURU] Gold prices rose on Thursday (Dec 11) after the US Federal Reserve cut interest rates, even as policymakers remained split on the outlook for further easing next year,...
As Fed prepares to cut rates this week, all eyes are on outcome of Trump-Xi meeting in Seoul
The prospect of a trade deal between Washington and Beijing has raised hopes of prices of goods coming down ahead of the holiday seasonThe US Federal Reserve is likely...
Shippers not expected to pay higher freight rates because of US port fees: Bimco
This is because more than half of the Chinese-built ships are below a stipulated size or are US-owned, and several liner operators have pledged not to raise rates [SINGAPORE]...
ECB holds rates unchanged, offers no clues about next move
The ECB halved its key rate to 2% in the year to June but has been on hold ever since[FRANKFURT] The European Central Bank left interest rates unchanged on...
Australia central bank wary of cutting rates too quickly, prudent to await more data
[SYDNEY] Australia’s central bank judged lowering interest rates for a third time within four meetings was not consistent with its strategy of easing in a cautious and gradual manner,...
OCBC trims 360 Account interest rates for the second time in 2025
[SINGAPORE] OCBC will cut interest rates for its 360 Account, in line with lower interest rate expectations. With effect from Aug 1, the maximum interest rate of the local...
China keeps benchmark lending rates unchanged as expected in June
Published Fri, Jun 20, 2025 · 09:35 AM[SHANGHAI] China kept benchmark lending rates unchanged as expected on Friday, after Beijing rolled out sweeping monetary easing measures a month earlier...
Bank of England keeps rates steady, sees further loosening as jobs market weakens
[LONDON] The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker labour...
US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead
[WASHINGTON] The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned...