S.Korea Holds Rates Steady, Talks Down Early Rate Cut Chance

BOK holds interest rate steady as expected One BOK board members sees door open for nearterm rate cut SEOUL, Feb 22 Reuters South Korea39;s central bank on Thursday joined its peers in the U.S. and Australia in seeking to hose down investors39; aggressive rate cut expectations after keeping interest rates at a 15year high. Most board members […]
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Russian C.Bank Holds Rates at 16 after Months of Tightening

MOSCOW, Feb 16 Reuters Russia39;s central bank held its key interest rate at 16 on Friday, opting to leave borrowing costs unchanged after five successive rate hikes since last summer, still grappling with stubborn inflation pressure. The return of inflation to target in 2024 and its further stabilisation close to 4 assume that tight monetary […]
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Europe must not Weaponize Euro, ECB Policymaker Warns

RIGA, Jan 26 Reuters The euro zone should not weaponize its own currency in a global conflict as that could ultimately undermine it, an influential European Central Bank policymaker said on Friday, just as the EU was contemplating seizing Russian state assets. European officials have been debating for months whether to confiscate frozen Russian assets, […]
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Malaysia C.Bank Holds Rates again, Flags Inflation Risks

KUALA LUMPUR, Jan 24 Reuters Malaysia39;s central bank kept its benchmark interest rate unchanged for the fourth straight meeting on Wednesday, seeking to support economic growth ahead of an expected pickup in inflation following planned subsidy changes. Bank Negara Malaysia BNM maintained its overnight policy rate OPR at 3.00 at its first meeting of the year […]
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