Rates
UK house prices fall again after mortgage rates creep higher
UK HOUSE prices fell at the sharpest pace in eight months after the cost of mortgages crept higher, one of the country’s biggest lenders said.The Nationwide Building Society estimated...
Australian inflation boosts case for higher-for-longer rates
AUSTRALIA’S inflation came in faster than expected in the first three months of 2024, suggesting price pressures are proving sticky and reinforcing the case for the Reserve Bank of...
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
THE Bank of Japan (BOJ) is widely expected to leave its benchmark interest rate unchanged on Friday (Apr 19), with investors focusing on any hints of a less dovish...
Chinese banks hold lending rates with yuan under pressure
BANKS in China maintained their benchmark lending rates on Monday (Apr 22), following the Chinese central bank’s recent decision to stand pat on monetary policy.The one-year loan prime rate...
Federal Reserve will cut interest rates at some point, but no hurry, says Mester
CLEVELAND Federal Reserve Bank Loretta Mester on Wednesday said that she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs, but “we want...
How war and Fed fund rates may impact your Singapore stock portfolio
EQUITY market research tells us that wars tend not to have lasting effects on stocks. The same goes for major geopolitical shocks. Initial overshoots correct themselves quickly, and investors...
Absolutely no urgency to cut US interest rates: Federal Reserve’s Daly
SAN Francisco Federal Reserve President Mary Daly said on Friday there is still “a lot of work to do” to make sure inflation is on track to the Fed’s...