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Thursday, October 17, 2019

Tag: interest rates

Maybank, CIMB expect another rate cut, squeezing margins slightly

Malaysia's top two lenders say they expect interest rates to go down by a quarter point before year-end.

Indonesia has room to cut rates further, finance minister says

Indonesian Financial Minister Sri Mulyani says the government is willing to cut interest rates further to boost the domestic growth if global economic conditions worsen.

Asia surprises with cuts in global race to monetary bottom

Policymakers are taking bolder steps to bolster their economies as escalating US-China trade tensions threaten to worsen global growth and currency battles roil financial markets.

Ringgit retreats in early trade on stronger dollar

A stronger greenback today has hampered buying sentiment for the ringgit, however, it is trading higher against other major currencies.

Indonesia looks ready to pull rate-cut trigger

As Indonesia's economy is facing dimming prospects, the government plans to cut its interest rates.

Fed’s Powell doubles down on rate cut signal

Economists and investors see it as a certainty that the US Federal Reserve will lower the key borrowing rate at the policy meeting on July 30-31.

Trump attacks put Fed in ‘no win’ situation

The risk for the US Federal Reserve is that they are in a lose-lose situation as they consider whether to cut interest rates this month and by how much.

Ailing ringgit bonds await lifeline from BNM policy review

The case is growing for Bank Negara Malaysia to bolster the economy with another interest rate cut.

Trump says Fed is ‘our most difficult problem’

US President Donald Trump claims 'massive additional wealth' would have been created for the country, if not for the US Federal Reserve's policies.

Saudi and UAE bank revenues seen pressured by US rate cuts

A 25 basis point cut in US rates will pull down the net interest margin at banks by about 6 basis points, says an analyst.

Draghi excites Eurozone markets with rate cut talk

Aside from rate cuts, other moves could include restarting 'quantitative easing' purchases of government and corporate debt.

Dollar near 2 1/2-month lows as bets on rate cut grow

'Bets of US rate cuts have been rising quickly in recent days and we think the pricing has become too aggressive so the dollar's downside is limited,'says Manuel Oliveri, a currency strategist at Credit Agricole in London.

Fed’s Williams says Central banks should prepare for slow growth

'Central banks should revisit and reassess their policy frameworks, strategies, and toolkits, to maximize efficacy.'

Fed’s Kaplan says rates in right place but keeping an open...

'Overall inflation pressures in the US will remain muted and tweaking monetary policy won’t impact that.'

Trade war back on the radar for emerging markets as dollar...

'Markets are considering on the possible breakdown in US-Sino trade talks.'

Fed to hold fire on interest rates as world economy slows

Fed Chairman Jerome Powell is due to announce the second policy decision of the year on Wednesday by the rate-setting Federal Open Market Committee.

Dovish tilt spreads to Asia as funds hoover up regional bonds

Debt is rallying across the region as a worsening economic outlook prompts dovish noises from central banks, suggesting the tightening cycle is over.

Euro dives to lowest level since mid-2017 after ECB downgrade

The European Central Bank says interest rates will remain at historic lows until at least the end of the year.

New normal for Europe’s central bankers is getting kicked around

Like US President Donald Trump, politicians from Rome to London are happy to drag central bankers through the mud.

Gold prices rise on trade talk optimism, Fed stance limits gains

The dollar index against a basket of six major currencies is set to decline about 0.3% this week, which could be its biggest weekly fall in a month.

US Federal Reserve to remain patient on interest rates

The US central bank increased the benchmark rate four times last year but rising concerns about a slowing US economy

Indonesia releases new rules on export revenue repatriation for resources

The details of the new regulations which were signed by President Joko Widodo are similar to what ministers had revealed in November.

Philippines home prices decline in 3rd quarter as rates climb

The price declines were more profound outside the capital area.

Thai policy interest rate won’t keep rising, says central bank chief

Veerathai Santiprabhob says unlike in the past, any policy tightening will not be continuous and will be data-dependent.