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Search Result for “interest rate”

Showing 61 - 70 of 10,000

BUSINESS

US Fed lowers key interest rate a third time

AFP, Published on 31/10/2019

» WASHINGTON: The US Federal Reserve cut its benchmark interest rate for the third straight time on Wednesday, but the central bank remains divided, with two of the 10 voting members dissenting.

BUSINESS

Bank of Thailand cuts interest rate to record low

Somruedi Bangchongduang and Pathom Sangwongwanich, Published on 06/11/2019

» The Bank of Thailand’s Monetary Policy Committee (MPC) on Wednesday voted to cut the policy interest rate to a record low of 1.25% in a bid to boost Thailand’s economic growth impetus and support a targeted increase in headline inflation.

BUSINESS

Malaysia cuts interest rate for first time since 2016

AFP, Published on 07/05/2019

» KUALA LUMPUR: Malaysia's central bank Tuesday cut its key interest rate for the first time in almost three years as it looks to boost slowing growth as China-US trade tensions weigh on the economy.

BUSINESS

Govt cites bank profits to demand interest rate cut

Bloomberg, Published on 29/01/2024

» Prime Minister Srettha Thavisin’s key aides renewed calls for an early rate cut to rein in commercial banks from making excessive profits, arguing the highest borrowing costs in a decade will further aggravate an economic crisis.

BUSINESS

Headwinds blow on Thai lenders amid interest rate row

Bloomberg, Published on 31/01/2024

» The escalating tug-of-war between politicians and central bankers over interest-rate levels is clouding the outlook for local banks, setting the stage for a further exodus by foreign investors.

BUSINESS

SET index rises amid signs of interest rate cut

Nareerat Wiriyapong, Published on 08/02/2024

» The Stock Exchange of Thailand (SET) index rose above 1,400 points on Wednesday as investors believe the Bank of Thailand issued a clear sign it is ready to cut interest rates later this year to shore up the economy, after it held rates unchanged at its meeting.

BUSINESS

Interest-Rate Surge Starts to Ripple Through U.S. Economy

Business, Orla McCaffrey & Sam Goldfarb & AnnaMaria Andriotis, Published on 11/04/2022

» The market is finally getting the message that the era of cheap money is ending.

BUSINESS

Tisco sounds recession alarm on Fed interest rate hikes

Business, Nuntawun Polkuamdee, Published on 27/04/2022

» The Federal Reserve could raise interest rates to 3.5% by the middle of next year to curb spiralling inflation, tipping the world economy into a recession, according to the Economic Strategy Unit of Tisco Financial Group (Tisco ESU).

BUSINESS

Indonesia holds key interest rate but reins in banks

Reuters, Published on 24/05/2022

» JAKARTA: Indonesia's central bank on Tuesday announced more aggressive hikes in the reserve requirement ratio (RRR) for banks, expecting inflation to rise slightly above its target band this year, but kept interest rates unchanged at a record low.

BUSINESS

US Fed announces biggest interest rate hike since 1994

AFP, Published on 16/06/2022

» WASHINGTON: The Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing rate by 0.75 percentage points on Wednesday as it battles against surging inflation.