interest rate cuts

20 of 22 economists surveyed by Bloomberg expect South Korea’s central bank to cut the rate by a quarter-percentage-point to 3.25% when the board gathers Friday.

The UK jobs market has been in a wait-and-see mode for much of 2024 due to restrictive interest rates weighing on activity and political uncertainty in the run-up to the July 4 election.

The long-awaited interest rate cuts have widespread implications for the global economy. We explore some of the potential impacts on the everyday Singaporean.

Powell’s communication balances urgency of returning to neutral rate, despite some job market softness, says JP Morgan.

Analyst Neel Sinha says the banks' fees and loan growth should offset any softening in NIMs.

Powell highlighted the three latest inflation readings, though he made clear he didn’t intend to send any specific message.

The latest round of rate revisions was made largely due to the US Federal Reserve’s policy stance of keeping rates low.

While a decline in interest rates is generally seen as good for stocks, the benefits of Singapore’s slide toward negative territory are far from certain.

he Federal Reserve’s move to slash its key interest rate by a full percentage point to near zero over the weekend failed to stem declines, while containment and stimulus measures announced by several countries elicited a similar reaction.

SINGAPORE (Nov 4): On Oct 30, the US Federal Reserve announced its third interest rate cut this year, a move that was not unexpected.