Rates
Thai central bank proposes controls on gold trade, ready to cut rates further
[BANGKOK] The Thai central bank is calling on the finance ministry to control gold trading after a surge in transactions helped drive up the value of the baht, its...
Trump says next Fed chair will believe in lower interest rates ‘by a lot’
[WASHINGTON] US President Donald Trump said on Wednesday the next chairman of the US Federal Reserve will be someone who believes in lower interest rates “by a lot.”“I’ll soon...
Bank Indonesia keeps rates steady, focuses on rupiah stability
[JAKARTA] Indonesia’s central bank kept its policy rates unchanged for a third straight policy meeting on Wednesday, maintaining its focus on supporting the rupiah currency while it assesses the...
Divided US Fed lowers rates by 25 bps, signals pause and one 2026 cut as growth rebounds
[WASHINGTON] The Federal Reserve cut interest rates on Wednesday in another divided vote, but signalled it will likely pause further reductions in borrowing costs as the US central bank looks...
Fed chair front-runner Hassett says ‘plenty of room’ to cut rates
[WASHINGTON] White House economic adviser Kevin Hassett, the front-runner to be the Federal Reserve’s next chair, told the WSJ CEO Council on Tuesday there is “plenty of room” to...
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending[SYDNEY] Australia’s central bank on Tuesday (Dec 9) left...
Fed likely to trim rates again this week, but it could be a ‘hawkish’ cut
Futures markets are pricing in a near certainty that it will cut rates by another quarter of a percentage point, bringing them down to a range of between 3.5% and...
Ship rates spiking 467% marks upended trade across commodities
Freight rates have eased slightly from a peak at the end of November, but elevated costs are reverberating across the shipping market[HONG KONG] Rates to ship commodities from energy...
