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Search Result for “Federal Reserve interest rate”

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INVESTMENT

Bitcoin ETFs post longest run of inflows as token nears record

Bloomberg News, Published on 07/06/2024

» MUMBAI - United States exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high.

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GENERAL

Gold jumps above $2,200 an ounce for first time on Dovish Powell

Bloomberg News, Published on 21/03/2024

» Gold jumped above $2,200 an ounce for the first time after the Federal Reserve maintained its outlook for three rate cuts this year, suggesting it isn’t alarmed by a recent uptick in inflation.

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INVESTMENT

Bitcoin, gold hit record highs, marking striking market contrast

Bloomberg News, Published on 06/03/2024

» Record highs for Bitcoin and gold are threatening to send mixed messages about the appetite for risk across global markets.

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BUSINESS

Central bank rates seen peaking soon in SE Asia

Bloomberg News, Published on 13/01/2023

» MANILA: Southeast Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves in the coming months.

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BUSINESS

Weak baht aids tourism resurgence and growth: Arkhom

Bloomberg News, Published on 19/10/2022

» A weaker baht is supporting Thailand’s post-pandemic tourism recovery, which is key to shoring up the nation’s economic performance, according to Finance Minister Arkhom Termpittayapaisith.

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BUSINESS

Bank of Thailand signals gradual moves after first hike since 2018

Bloomberg News, Published on 10/08/2022

» The Bank of Thailand (BoT) has signalled sticking with measured moves going forward to fight inflation without derailing the economic recovery, after raising the benchmark policy rate for the first time in more than three years.

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BUSINESS

Asian central banks deploy FX reserves to fight currency bears

Bloomberg News, Published on 04/08/2022

» Asia’s emerging economies are drawing on large foreign exchange reserves to help prop up their currencies rather than going all-out with interest-rate hikes.

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BUSINESS

Central bank pledges gradual monetary policy adjustments

Bloomberg News, Published on 22/07/2022

» The Bank of Thailand (BoT) will prevent inflation from rising sharply, but at the same time ensure that any monetary policy adjustments are gradual, BoT governor Sethaput Suthiwartnarueput told a news conference on Friday.

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BUSINESS

Singapore home prices continue to climb, but market may finally cool

Bloomberg News, Published on 22/07/2022

» Singapore home prices climbed at a faster pace in the second quarter, but the momentum may be threatened by concerns over the rising cost of living and higher interest rates.

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BUSINESS

Surprise tightening in Asia ups pressure on Dovish central banks

Bloomberg News, Published on 16/07/2022

» Central banks in Asia that remained dovish even in the face of soaring inflation may see their resolve tested after a surprise tightening by peers in the region leaves their currencies vulnerable to sell-off, according to economists.