Rates
US Federal Reserve leaves rates unchanged, flags ‘lack of further progress’ on inflation
THE US Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing...
UK house prices fall again after mortgage rates creep higher
UK HOUSE prices fell at the sharpest pace in eight months after the cost of mortgages crept higher, one of the country’s biggest lenders said.The Nationwide Building Society estimated...
Japan frets over relentless yen slide as BOJ keeps ultra-low rates
JAPAN is concerned about negative effects of the weak yen, finance minister Shunichi Suzuki said on Friday, in a fresh warning to speculators as the currency fell further after...
Bank of Japan keeps rates steady, projects inflation staying near 2% in coming years
THE Bank of Japan kept interest rates unchanged on Friday and issued fresh estimates projecting inflation to stay near its 2 per cent target in the next three years,...
Australian inflation boosts case for higher-for-longer rates
AUSTRALIA’S inflation came in faster than expected in the first three months of 2024, suggesting price pressures are proving sticky and reinforcing the case for the Reserve Bank of...
Thai PM asks banks to lower interest rates to help economy
THAILAND’S Prime Minister Srettha Thavisin on Tuesday said he had asked the country’s four largest lenders to lower interest rates to help small businesses and the economy.“Vulnerable groups like...
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
THE Bank of Japan (BOJ) is widely expected to leave its benchmark interest rate unchanged on Friday (Apr 19), with investors focusing on any hints of a less dovish...
BOJ will hike rates if trend inflation accelerates, says Ueda
THE Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2 per cent target as expected, governor Kazuo Ueda said, keeping alive market expectations...
