Thursday 2 May 2024
 
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interest rate hike

EM relieved as US Fed tones down on rate hikes

Emerging markets (EM) are breathing a sigh of relief over the US Federal Reserve’s decision this past week to back down from aggressive interest rate increases, an industry expert said. The dollar’s strength has also s

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China rate rise talk builds as loans, inflation rise

China is likely to raise interest rates in the coming days in a demonstration of the  government's resolve to tame inflation, an official newspaper said on Tuesday. In a banner headline across its front page, the China  Secur

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