interest rate cuts News

BoE Warns of Heightened Global Economic Uncertainty Amid Rising Inflation Risks

The Bank of England reports increased global economic uncertainty due to US tariffs, raising inflation risks and projecting a 3.75% inflation rate for the UK by Q3 2025, with poten...

BoE Warns of Escalating Global Economic Uncertainty Amid Trump's Tariffs Impact

The Bank of England reports increased global economic uncertainty due to US tariffs, predicting higher UK inflation and potential interest rate cuts, while affirming the UK banking...

Gold Prices Soar to Unprecedented Heights Amid Global Trade Tensions

Gold prices have surged to record highs globally, driven by trade tensions and geopolitical uncertainties. Spot gold and bullion performances show significant gains, with experts p...

Wall Street Dips as Steady PCE Inflation Sparks Rate Cut Doubts

Wall Street opened lower as the February PCE price index showed no change at 2.5% year-over-year, with core PCE inflation exceeding forecasts at 2.8%, raising doubts about near-ter...

Wall Street Slides as Steady PCE Inflation Sparks Rate Cut Doubts

Wall Street opened lower as the February PCE price index showed steady inflation at 2.5%, with core PCE surpassing expectations at 2.8%, raising doubts over imminent interest rate ...

Dollar Climbs to a Two-Week High: A Detailed Look at the Latest Market Trends

The dollar has seen a significant rise, with Vietcombank increasing its selling price and the State Bank of Vietnam adjusting its reference rate. Globally, the dollar softened as t...

Gold Prices Soar to Unprecedented Heights Amid Global Economic Uncertainties

Gold prices have reached unprecedented levels, driven by global economic uncertainties, geopolitical tensions, and expectations of interest rate cuts. Vietnam's gold price has surg...

Bank of Korea Considers Additional Rate Cuts to Navigate Housing Market Instability

The Bank of Korea is considering further interest rate cuts to address economic challenges and housing market instability, amidst concerns over rising apartment prices in Seoul and...

February Sees Retail Inflation Drop to a 7-Month Low at 3.6%, Signaling Potential Rate Cuts

Retail inflation in India dropped to a seven-month low of 3.6% in February, thanks to easing food prices. This development opens the door for potential interest rate cuts by the Re...

ECB President Lagarde Open to Significant Rate Cuts Amid Economic Uncertainty

ECB President Christine Lagarde discusses the possibility of significant rate cuts, emphasizing data-driven decisions and the impact of energy prices on future policies. She also t...

Bank of Israel Predicts Early 2025 CPI Surge Amid Economic Challenges

Bank of Israel Governor Amir Yaron forecasts a CPI rise in early 2025 due to higher demand and tax changes, with current inflation at 3.2%. Despite challenges, he expects economic ...

Lloyds CEO Predicts Triple Rate Cuts by Bank of England in 2025 Amid Slow Growth

Lloyds Banking Group CEO Charlie Nunn predicts the Bank of England will cut interest rates three times in 2025 to stimulate UK economic growth, citing the country's resilience and ...

Cleveland Fed President Hammack Advocates for Patience on Further Rate Cuts Amid Inflation Concerns

Cleveland Fed President Beth Hammack calls for patience on further rate cuts, citing unresolved inflation and rate-of-change issues. Despite market expectations, she voted against ...

Bitcoin Hits Lowest Point Since November Amid Federal Reserve's Rate Cut Signals

Bitcoin fell to its lowest since November, influenced by Federal Reserve's cautious stance on rate cuts. Despite a recent 10% drop, it's up 53.9% over six months. Ethereum also saw...

Record-Breaking Year: South Korean Individual Investors Pour Over 40 Trillion Won into Bonds

South Korean individual investors set a new record by net purchasing bonds worth over 40 trillion won last year, driven by the Bank of Korea's interest rate cuts and the country's ...

European Markets Take a Dive as U.S. Job Growth Sparks Rate Cut Speculations

European stock markets tumbled following the U.S. report of higher-than-expected nonfarm payrolls in December 2024, sparking speculations of fewer interest rate cuts by the Federal...

US Stock Markets Dip as Strong Jobs Report Sparks Fed Rate Cut Concerns

U.S. stock markets opened lower after a strong jobs report showed nonfarm payrolls increasing by 256,000 in December, raising concerns over delayed Federal Reserve rate cuts. Prema...

St. Louis Fed President Advocates for Gradual Rate Cuts Amid Economic Shifts

Federal Reserve Bank of St. Louis President Alberto Musalem now favors a more gradual approach to interest rate cuts, influenced by stronger economic data and higher inflation. He ...

Federal Reserve Governor Waller Advocates for Further Rate Cuts in 2025 Amid Inflation Concerns

Federal Reserve Governor Christopher Waller supports additional interest rate cuts in 2025, confident inflation will reach the 2% target despite challenges. He warns of risks from ...

Chinese Stocks Tumble as Asia-Pacific Markets Show Mixed Reactions

Asia-Pacific markets showed mixed reactions as Chinese stocks tumbled, influenced by potential interest rate cuts by the People's Bank of China. While some markets saw gains, mainl...

ECB's Stournaras Advocates for Gradual Rate Cuts to Boost Eurozone Economy

Yannis Stournaras of the ECB recommends gradual interest rate cuts to stimulate Eurozone growth, noting inflation trends and GDP concerns.

Bitcoin Crashes Below $100,000 After Powell's Rejection as Reserve Asset

Bitcoin's price dropped below $100,000 following Federal Reserve's hint at adjusting interest rate cuts and Jerome Powell's rejection of Bitcoin as a reserve asset. The decline was...

Fed's Potential Rate Cut Slowdown Sends Asian Markets Plummeting

Asian stock markets experience significant losses after the Federal Reserve signals a potential slowdown in interest rate cuts. Key indexes in Japan, South Korea, Hong Kong, and Au...

Korean Won-Dollar Exchange Rate Surges to 1,450 Won Amid Fed's Rate Cut Adjustment

The Bank of Korea announces readiness to stabilize markets as the won-dollar exchange rate surpasses 1,450 won due to the U.S. Federal Reserve's adjustment in the pace of interest ...

Fed Chair Powell: Sustained Inflation Progress Crucial for Future Rate Cuts

Federal Reserve Chair Jerome Powell highlighted the need for sustained inflation reduction before considering additional interest rate cuts, adjusting the projected rate cuts for 2...

ECB's Wunsch: Four More Rate Cuts Could Be on the Horizon

ECB's Wunsch suggests four more interest rate cuts could be a meaningful scenario. He discussed the potential impact on inflation targets and euro-dollar parity during a recent for...

Uncertainty Looms Over ECB's Monetary Policy Cycle End

ECB Vice-President Luis de Guindos raises doubts about the end of the current monetary policy cycle, stating interest rate cuts will continue but final outcome is uncertain. He als...

ECB's Lagarde Hints at Further Rate Cuts Amid Disinflation Trend

ECB President Christine Lagarde suggests further interest rate cuts may follow if disinflation data continues to confirm the trend. She also warns of potential energy price and fre...

ECB's Gabriel Makhlouf Advocates for Gradual Interest Rate Cuts Amid Persistent Inflation Concerns

ECB's Gabriel Makhlouf supports gradual interest rate reductions despite persistent high inflation components, emphasizing the ECB's commitment to its 2% inflation target.

US Stock Markets Close Lower Amid Inflation Worries

US stock markets closed lower on Thursday as investors assessed recent inflation reports, which complicated the outlook for interest rate cuts ahead of the Federal Reserve's meetin...

Gold Prices Plummet Despite Global Rally: What's Driving the Decline?

Gold prices dropped 0.47% to VND83.9 million per tael amid a global rally, with market participants awaiting U.S. payrolls data for cues on interest rate cuts. Spot gold rose 0.3% ...