Latest news with #interestRateCuts
Bloomberg
29-05-2025
- Business
- Bloomberg
Korean Stocks Extend Pre-Election Rally to Highest Since August
South Korea's equity benchmark advanced to the highest in almost 10 months, nearing a bull market as investors heightened bets on more interest rate cuts and reform policies after the presidential election next week. The Kospi Index rose as much as 1.9% on Thursday to trade above the 2,700 level for the first time since August. The gauge is around 1.3% away from reaching a bull market.
Bloomberg
28-05-2025
- Business
- Bloomberg
India Bonds Are a Buy for Citi on Diverging Rates Policy With US
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. The rally in Indian bonds is set to extend as the nation embarks on deeper interest-rate cuts, diverging from the US, according to Citigroup Inc.
Bloomberg
14-05-2025
- Business
- Bloomberg
Gold Holds Gain as Soft US Data Reinforces Fed Rate-Cut Bets
Gold held a small gain after US inflation data came in weaker-than-expected, spurring traders to shore up bets on interest rate cuts by the Federal Reserve. Bullion traded near $3,255 an ounce, after advancing 0.4% in the previous session following a report that showed the consumer price index softened in April. The print suggested there's been little urgency by companies to pass along the cost of higher tariffs to consumers, following several crippling trade measures from President Donald Trump.
Bloomberg
13-05-2025
- Business
- Bloomberg
India Inflation Eases Further, Giving RBI Room for More Cuts
India's inflation cooled further in April, creating room for deeper interest rate cuts by the central bank to bolster growth in Asia's third largest economy. The consumer price index rose 3.16% from a year earlier, data from the statistics ministry showed Tuesday. That compares with a 3.2% increase predicted by economists in a Bloomberg survey and a 3.34% reading in March.
Bloomberg
09-05-2025
- Business
- Bloomberg
Thai Central Bank Sees Limited Policy Room After Three Rate Cuts
Thailand's central bank has limited 'ammunition' after recent interest rate cuts, according to Governor Sethaput Suthiwartnarueput, who called for more targeted measures to shield Southeast Asia's second-largest economy from the impact of US tariff. The Bank of Thailand is exploring additional measures, the timing of which will depend on the severity of the hit from US tariff on Thai exports, Sethaput told a briefing on Friday. The steps won't be broad-based but focused on sectors in need of help, he said.
