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US stocks dive as Dow tumbles 1,100 points after Fed hints at 2 cuts in 2025
THURSDAY, DECEMBER 19, 2024
US stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought.
Central banks expected to announce rate cuts by end of year
TUESDAY, DECEMBER 17, 2024
Finance Minister Pichai hoping Bank of Thailand will cut interest rates but economists feel this is unlikely
Weakening baht to remain volatile until November-end, say currency analysts
FRIDAY, NOVEMBER 15, 2024
The baht would face short-term volatility until the end of November due to funds flows into the US after Donald Trump won the presidential election, several currency analysts said on Friday.
Federal Reserve is set to cut rates again while facing a hazy post-election outlook
SUNDAY, NOVEMBER 03, 2024
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year.
BOT assures it will act if there is volatility in the baht’s exchange rate
WEDNESDAY, SEPTEMBER 25, 2024
The Bank of Thailand (BOT) affirmed on Wednesday that it was monitoring the strengthening baht closely to prevent volatility.
Fed rate cuts expected to boost crypto markets
TUESDAY, SEPTEMBER 24, 2024
The recent decision by the Federal Reserve to cut interest rates is likely to have a significant impact on cryptocurrency markets, Nirun Fuwattananukul, CEO of BINANCE TH, said on Monday, ratcheting up the optimism of crypto investors already buoyed by the news coming out of last week’s Federal Open Market Committee (FOMC) meeting.
Thai auto industry expects impact of Fed rate cut to be visible in 2-3 months
SATURDAY, SEPTEMBER 21, 2024
Strict criteria for issuing loans hurting vehicle sales despite demand
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
THURSDAY, SEPTEMBER 19, 2024
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers.
SET jumps to 1,431 points since Paetongtarn named premier
TUESDAY, SEPTEMBER 10, 2024
The Thai stock market surge reflects increased investor confidence in the new government, as analysts attribute this to expected policy announcements and stability
Weakening dollar, rising gold price behind’s baht’s appreciation: BOT chief
WEDNESDAY, AUGUST 28, 2024
Fed’s signal on interest rate cut has changed sentiment on dollar
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