Rates
South Korea holds rates, signals tight policy to stay over short term
South Korea’s central bank held interest rates at a 15-year high on Thursday (May 23), and struck a balanced policy tone while reiterating risks around inflationary pressures in the...
Oil slips for a third straight day on prospect of US rates staying high
OIL prices fell more than 1 per cent on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they indicated interest rate...
Australia central bank pondered raising rates on higher inflation risks
AUSTRALIA’S central bank decided to stand pat on interest rates at its May meeting in part to avoid “excessively fine-tuning” policy, but judged a hike might be needed if...
Oil eases on worries about US inflation, interest rates
OIL prices eased less than 1 per cent on Monday as US Federal Reserve officials said they were awaiting more signs that inflation was declining before the central bank...
China expected to stand pat on lending rates in May
China is widely expected to hold benchmark lending rates steady on Monday (May 20), a Reuters survey showed, although expectations are growing for a cut in the mortgage reference...
US Fed officials suggest interest rates should stay high for longer
SEVERAL Federal Reserve officials said the central bank should keep borrowing costs high for longer as policymakers await more evidence inflation is easing, suggesting they are not in a...
STI up 0.5% on optimism around lower Fed rates
SINGAPORE’S Straits Times Index (STI) rebounded on Thursday (May 16) in tandem with most regional gauges and Wall Street’s overnight rise. The rally was fuelled by a higher possibility...
Interest rates should stay on hold ‘for a while longer’: Federal Reserve’s Kashkari
MINNEAPOLIS Federal Reserve Bank President Neel Kashkari on Wednesday reiterated his view that he is unsure how restrictive monetary policy is right now, and that borrowing costs should stay where...
