Economists are projecting both the US Federal Reserve (Fed) and the Bank of Thailand (BoT) to keep interest rates unchanged at their first meetings of 2025 amid uncertainties, dismissing a recent call from US President Donald Trump for rates to be cut immediately.
World shares were mostly lower on Monday after U.S. stocks edged back from their all-time high, with many Asian markets closed for holidays. In early European trading,
Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and U.S. futures sank, while Chinese shares shed some of
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady.
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The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's thinking closer to global peers taking a more conventional approach on monetary policy.
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The Bank of Thailand is projected to cut interest rates in the first half of 2025 as the country needs support from both fiscal and monetary policies to spur economic growth, says Kasikorn Asset Management (K-Asset).
The Thai stock market has alternated between positive and negative finishes through the last five trading days since the end of
Stock markets mostly rose Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia recovered some of their hefty losses thanks to easing worries over Chinese artificial