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The Federal Reserve s decision to hold rates steady signals that central bankers believe it is time to hit pause, at least temporarily, on their agg ....
CHICAGO (XINHUA) – Chicago Board of Trade (CBOT) agricultural futures stayed firm at a high level in the past week amid market volatility as traders sought new market drivers, Chicago-based research company AgResource said in a report. In view of the Federal Reserve’s interest rate hike by 0.75 per cent on Wednesday and more hikes […] ....
KUALA SELANGOR (BERNAMA) – The ringgit exchange rate depended on the country’s economic fundamentals and is also influenced by interest rates in the United States (US), Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz said. He said the US Federal Reserve’s (US Fed) announcement on Wednesday, which raised the benchmark lending rate by […] ....
ANN/THE STRAITS TIMES – The Federal Reserve’s decision to raise interest rates again is hardly a positive development for anyone with a job, a business or an investment in the stock or bond market. But it isn’t a great shock, either. This is all about curbing inflation, which is running at 8.3 per cent annually […] ....