Tag: interest rates
Malaysia's top two lenders say they expect interest rates to go down by a quarter point before year-end.
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.
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.
A stronger greenback today has hampered buying sentiment for the ringgit, however, it is trading higher against other major currencies.
As Indonesia's economy is facing dimming prospects, the government plans to cut its interest rates.
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.
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.
The case is growing for Bank Negara Malaysia to bolster the economy with another interest rate cut.
US President Donald Trump claims 'massive additional wealth' would have been created for the country, if not for the US Federal Reserve's policies.
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.
Aside from rate cuts, other moves could include restarting 'quantitative easing' purchases of government and corporate debt.
'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.
'Central banks should revisit and reassess their policy frameworks, strategies, and toolkits, to maximize efficacy.'
'Overall inflation pressures in the US will remain muted and tweaking monetary policy won’t impact that.'
'Markets are considering on the possible breakdown in US-Sino trade talks.'
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.
Debt is rallying across the region as a worsening economic outlook prompts dovish noises from central banks, suggesting the tightening cycle is over.
The European Central Bank says interest rates will remain at historic lows until at least the end of the year.
Like US President Donald Trump, politicians from Rome to London are happy to drag central bankers through the mud.
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.
The US central bank increased the benchmark rate four times last year but rising concerns about a slowing US economy
The details of the new regulations which were signed by President Joko Widodo are similar to what ministers had revealed in November.
The price declines were more profound outside the capital area.
Veerathai Santiprabhob says unlike in the past, any policy tightening will not be continuous and will be data-dependent.