Rates
US mortgage rates at 2025-low give homebuyers momentum in New Year
The average for 30-year, fixed loans dropped to 6.15 per cent this week, data from Freddie Mac showed on WednesdayUS MORTGAGE rates have reached their lowest point for the...
Indonesia set to revamp benchmark rates for money market
Institutions use Jibor to determine interest rates for bank deposits, swaps and consumer loans, among other things[JAKARTA] Indonesia is set to phase out a key money-market benchmark this week,...
South Korea central bank to assess incoming data to decide whether and when to lower rates
[SEOUL] South Korea’s central bank will decide whether and when to implement any further interest rate cuts next year based on a comprehensive assessment of incoming data, it said...
USD/CHF trades within key range as SNB holds rates and Fed turns cautious
THE US dollar/Swiss franc (USD/CHF) FX pair is widely considered a safe-haven currency pair due to Switzerland’s neutral geopolitical stance and its low-risk financial system, in contrast to the...
Fed’s Hammack signals holding rates steady for months
FEDERAL Reserve Bank of Cleveland president Beth Hammack said she saw no need to change US interest rates for months ahead after the central bank cut borrowing costs at...
Bank of Japan hikes interest rates to 30-year-high of 0.75%
THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30 years.The bank decided by...
Bank of Japan raises interest rates to 30-year high, signals more hikes
[TOKYO] The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19) to levels unseen in three decades and signalled its readiness for further hikes, taking another landmark...
BOJ raises interest rates to 30-year high, signals more hikes
It offers a slightly more upbeat view on the economy than at its previous meeting in October[TOKYO] The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19)...
