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WASHINGTON: The U.S. Federal Reserve on Wednesday said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as early as next month, as it took stock of rising trade tensions and growing concerns about weak inflation.
MUMBAI: India’s new central bank governor has raised the key interest rate for a second straight month, disregarding calls for lower borrowing costs as he stays focused on battling high inflation.
MUMBAI: India’s central bank delivered a back-to- back interest rate cut to support a sluggish economy a week before elections kick off.
JAKARTA: Indonesia’s central bank left its benchmark interest rate unchanged as policy makers guard against currency volatility following a rout in global markets that put the rupiah under renewed pressure.
PETALING JAYA: Interest rate hikes are expected to come to naught – both in the United States and Malaysia.
PETALING JAYA: The local bond market is generally not expected to be impacted amid signals by the central bank of an earlier than expected interest rate hike this year and in the absence of excessive inflationary pressures.