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MEXICO CITY, March 27 (Xinhua) -- The Central Bank of Mexico (Banxico) said Thursday it will again lower the benchmark interest rate amid the uncertainty generated by the changing economic policy in the United States.
LONDON, March 20 (Xinhua) -- Britain's central bank, the Bank of England (BoE), has kept its benchmark interest rate unchanged at 4.5 percent, warning that "global trade policy uncertainty has intensified."
TOKYO: The Bank of Japan kept interest rates unchanged on Wednesday, as policymakers chose to spend more time gauging how prospects of higher U.S. tariffs would affect the export-reliant economy.
KUALA LUMPUR: The ringgit opened higher against the US dollar ahead of the US Federal Open Market Committee's (FOMC) decision on interest rates later tonight.
WASHINGTON, March 19 (Xinhua) -- The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies.
WASHINGTON, March 19 (Xinhua) -- The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies.
WASHINGTON, March 19 (Xinhua) -- The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies.
Sri Lanka's central bank has kept its benchmark interest rate steady for the second straight meeting to steer inflation toward the target while bolstering an economic recovery.
The Bank of Canada is likely to cut interest rates for a seventh straight meeting as the country braces for a trade war that will plunge the economy into recession unless there's a swift resolution.
SYDNEY: Australia's consumer inflation slowed in February, helped by a fall in electricity prices, while the continued easing in home building costs and rents supported the case for more rate cuts in the months ahead.
BUDAPEST, March 25 (Xinhua) -- The National Bank of Hungary (MNB) kept its base rate unchanged at 6.5 percent on Tuesday, maintaining a tight monetary stance amid elevated inflation risks.
PETALING JAYA: Despite surprise rate cuts in some Asean countries due to weak domestic demand, Malaysia is expected to maintain its overnight policy rate (OPR) at 3% throughout 2025, as analysts cite resilient economic fundamentals and fiscal reforms.
KUALA LUMPUR: The ringgit ended lower against the US dollar as concerns over reciprocal tariff rates, which are expected to take effect on April 2, prompted traders and investors to adopt a more cautious stance.
PETALING JAYA: Since inflation is also driven by factors beyond demand, relying on monetary policy alone is not sufficient to address rising prices.
FRANKFURT, March 6 (Xinhua) -- The European Central Bank announced on Thursday that it would slash key interest rates by 25 basis points in a bid to wind down the restrictive monetary policy.
TOKYO: Japan's core inflation hit 3.0% in February and an index stripping away the effect of fuel rose at the fastest pace in nearly a year, a sign of broadening price pressure that reinforces market expectations of further interest rate hikes.
The South African Reserve Bank (SARB) is set to look past a smaller-than-expected rise in prices last month and keep borrowing costs unchanged while it assesses the impact that US President Donald Trump's trade policies will have on inflation.
GOLD rose to an all-time high on Thursday as the Federal Reserve hinted at two possible interest rate cuts this year, bolstering bullion's appeal amid ongoing geopolitical and economic woes.
Bank Indonesia (BI) has kept its key interest rate unchanged amid a weak rupiah exchange rate, but the central bank has pinned its hopes on portfolio inflows to lift the currency's worth.
