Household debt woes deepen with looming interest rate hike
Household debt woes deepen with looming interest rate hike
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Household debt woes deepen with looming interest rate hike
BANGKOK, April 30 (Reuters): Thailand's central bank is expected to leave its key rate at a record low of 0.50% for an eight straight meeting on Wednesday to help the tourism-reliant economy amid a third wave of coronavirus infections, a Reuters poll showed. While the latest outbreak has caused over 36,000 infections in a month and slowed domestic activity, increased exports, another key growth driver, have lent some support. All 14 economists surveyed expect the central bank's Monetary Policy Committee to leave its one-day repurchase rate at 0.50% next week, with some noting ...
Week Ahead: Bank of Canada to reduce purchases; Global Economic Recovery to pickup Posted 4 hours agoSharePrint The global economic recovery is gaining momentum as the world’s two largest economies continue to deliver robust economic readings. China’s economy grew 18.3% in the first quarter, a record rate that sets the example of what we can expect as the rest of the world recovers from COVID-19. The US saw weekly jobless fall to a pandemic low and retail sales explode after Americans put their $1,400 stimulus checks to work. US stocks are steadily making fresh record highs and that...
Publicis [PUB.FR] +3% (sales), Deliveroo [ROO.UK] -1% (trading update). - - Speakers - BOE Q2 Bank Liabilities and Credit Conditions Surveys noted that lenders expected the availability of secured credit to increase over the next three months to end-May. Total funding volumes were expected to increase in the three months to end-May (Q2). - German Fin Min Scholz reiterated stance that govt must support businesses and households until the pandemic was over. Country could afford to finance all spending that was needed and stressed that Germany would be better off compared to other countries ...
The Board of the National Bank of Romania (BNR) decided today to keep the benchmark interest rate unchanged at 1.25 pct per annum, the central bank...