Central banks
Fed risks recession without more interest rate cuts, says governor Miran
He does not foresee an economic downturn in the near term, but thinks rising unemployment should encourage cuts
Global central banks to issue new climate scenarios after earlier model controversy
The group including the ECB and PBOC has been pulled into an academic error after a climate study was withdrawn
Rich world’s rate-cut momentum is fading away
Central bankers are stepping back to assess how their progress so far is impacting growth and inflation
Philippine central bank chief tempers hawkish view, sees one more cut
Remolona said the economy “looks worse than we thought” in the current quarter
Hong Kong central bank cuts interest rate, tracking Fed move
[HONG KONG] The Hong Kong Monetary Authority (HKMA) lowered on Thursday (Dec 11) its base interest rate charged via the overnight discount window by 25 basis points to 4.0 per cent, tracking a cut by ...
Asia’s currency-defence war chest has swelled to US$8 trillion
The major central banks in the region have added more than US$400 billion to their reserves this year
Bank Indonesia policy juggle makes rate moves harder to predict
The central bank has spurned market expectations at half of its 10 policy meetings so far this year
Philippine central bank says rate cut possible in December
[MANILA] The Philippine central bank could cut interest rates again in December, governor Eli Remolona said on Tuesday (Nov 18), adding that policymakers were still determining whether the current gro...
Bank of Canada plans 10% job cuts as PM Carney moves to trim expenses
The central bank is committed to achieving a 15% total budget reduction over the 2026 to 2028 period
Hong Kong central bank cuts interest rate, tracking Fed move
[HONG KONG] Hong Kong’s de-facto central bank on Thursday lowered its base interest rate by 25 basis points to 4.25 per cent, tracking a cut by the US Federal Reserve.
