Investors expect Fed to go through with rate hike despite banking turmoil
Investors expect the Federal Reserve will raise interest rates this week despite the fallout from Silicon Valley Banks collapse.
Source: washingtonexaminer.com
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Powell signals Fed may slow pace of rate hikes next week
Federal Reserve Chairman Jerome Powell said that the central bank may slow its aggressive interest rate hiking at next week’s Fed meeting.
Source: washingtonexaminer.com
Philippines central bank governor ready to raise rates by 50 basis points in August
The Philippines central bank is prepared to raise its policy rates by 50 basis points at its meeting in August, and follow up with further policy actions to control inflation and counter currency depreciation, its governor has announced.
Source: thestar.com.my