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'Pessimistic' Bank of Canada sends yields plunging to record low
THURSDAY, MARCH 05, 2020
The Bank of Canada's interest-rate cut Wednesday sent bond yields plunging and weakened the loonie against most major peers.
Banks told to cut interest rates and fee charges for small businesses, consumers
TUESDAY, JANUARY 07, 2020
The Bank of Thailand (BOT) has ordered financial institutions to change the ways they calculate interest rates and fee charges to lessen the financial burden on small businesses and at the same time, reflecting real cost, said governor Veerathai Santiprabhob on Tuesday (January 7).
Central bank’s interest rate cut a case of ‘too little, too late’
WEDNESDAY, NOVEMBER 06, 2019
The interest rate cut by the central bank on Wednesday is too little and too late, according to one analyst, while another analyst forecast that it will be the last cut for this year.
Federal Reserve makes small interest rate cut. Trump slams central bank for having ‘no guts.’
THURSDAY, SEPTEMBER 19, 2019
The Federal Reserve made a modest reduction in interest rates Wednesday in an effort to keep the U.S. economy strong, a measured approach that stopped far short of the dramatic action President Trump has demanded for months.
Interest rate cut unlikely to help property market: experts
THURSDAY, AUGUST 08, 2019
Thailand’s Monetary Policy Committee’s decision to cut the interest rate by 0.25 per cent on Wednesday is unlikely to help the property market, which is suffering as a result of the introduction of the loan-to-value or LTV measure, property experts say.
More cuts to US base rate coming in October, Morgan Stanley predicts
THURSDAY, AUGUST 01, 2019
Morgan Stanley on Thursday said that it expects the US Federal Open Market Committee or the Fed to again cut the interest rate in October this year after it delivered a 25 basis-point cut to the funds rate on Wednesday.
First cut by Fed in more than 10 years welcomed
THURSDAY, AUGUST 01, 2019
The Federal Reserve lowered its benchmark rate by a quarter point Wednesday as an insurance policy not against what’s wrong with the economy now, but what could go wrong in the future. It was the first rate cut by the central bank in more than a decade, according to a statement released by the Federal Open Market Committee (FOMC) on Wednesday.
Bank Indonesia cuts rate to 5.75 percent
FRIDAY, JULY 19, 2019
Bank Indonesia has reduced its key interest rate in a move that signals an end to the tightening cycle that began last year.
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