Vietnam CB Cuts Refinance Rate by 50 bps to Support Growth

Move reflects uncertain global outlook, weaker GDP growth Vietnam cut several policy rates on March 14 SBV prioritizing controlling inflation Slump in overseas orders impacting manufacturers HANOI, March 31 Reuters Vietnam39;s central bank said on Friday it will cut its refinance rate by 50 basis points effective April 3, bucking the regional trend as it […]
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RBA Abandoned Pause Option for Feb Rate Hike

SYDNEY, Feb 21 Reuters Australia39;s central bank, startled by the risk that inflation could prove stickier than previously thought, abandoned all thought of pausing at its February policy meeting and signalled more rate hikes would be needed in the months ahead. Minutes of the Feb. 7 policy meeting out on Tuesday showed the Reserve Bank […]
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Colombia Central Bank to Raise Rate to 13

BOGOTA, Jan 20 Reuters Colombia39;s central bank board will once again raise its benchmark interest rate at its meeting next week on persistent inflation which has endured despite signs of slowing growth, preliminary findings in a Reuters poll showed on Friday. Eight of 15 analysts surveyed said the sevenmember board will increase borrowing costs by […]
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