Senior Fed official backs July interest rate hike

Senior Fed official backs July interest rate hike

A senior US Federal Reserve official said Thursday he supported another interest rate hike later this month, and backed a second hike before the end of the year to keep tackling inflation.
Most Asian markets rise but wary eyes on Fed, Russia

Most Asian markets rise but wary eyes on Fed, Russia

Asian markets mostly rose Tuesday after more than a week of losses but traders remained anxious about central banks' plans to continue hiking interest rates to fight stubborn inflation.
Softer exchange rate loom in H2

Softer exchange rate loom in H2

The USD/VND exchange rate is forecast to abate in the months to come, leveraging diverse supportive factors in both domestic and international markets, as well as central bank movement.
Asian markets surge on Fed rate hopes

Asian markets surge on Fed rate hopes

Asian markets rallied Friday on hopes the US Federal Reserve will decide against lifting interest rates this month as officials assess the impact of more than a year of tightening.
Passage of US debt bill boosts equity markets, Fed now in view

Passage of US debt bill boosts equity markets, Fed now in view

Markets mostly rose Thursday after the US House passed a bill to avoid a painful default, as traders turn their attention to the Federal Reserve's next policy meeting and China's economy.
US Fed unveils smaller rate hike but signals inflation fight not over

US Fed unveils smaller rate hike but signals inflation fight not over

America's Federal Reserve slowed its pace of interest rate hikes Wednesday, tempering an aggressive campaign to rein in costs as inflation cools while signaling the battle is not yet over.
Markets mixed ahead of inflation, Fed decision

Markets mixed ahead of inflation, Fed decision

Markets were mixed Tuesday as nervous investors sat tight ahead of key US inflation data and a Federal Reserve policy decision but fresh pledges by China to open up from zero-Covid offered support.
Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data

Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data

The dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal Reserve will slow its pace of interest rate hikes, while an equities rally sputtered ahead of key US jobs data.
Firms urged to keep abreast of alterations by US Fed

Firms urged to keep abreast of alterations by US Fed

Foreign investment flows in Vietnam’s stock market have been impacted by the fourth consecutive interest rate hike by the US Federal Reserve to combat inflation. Businesses in Vietnam are also feeling the strain of expensive USD-denominated loans.
Central banks brace after new Fed move

Central banks brace after new Fed move

Central banks across the globe have announced their recent rate hike in a bid to tame inflation, but market watchdogs predict that the tempo of rate rises is starting to slow down.
Keeping monetary stability-core task in face of FED interest rate hikes

Keeping monetary stability-core task in face of FED interest rate hikes

Amid the US Federal Reserve (FED)’s continuous increases of interest rates to cope with inflation, the most important task for Vietnam now is to keep macro-economic stability, with monetary stability being the core, some economic experts have said.
US Fed starts policy meeting with further rate hike expected

US Fed starts policy meeting with further rate hike expected

US central bankers started their two-day policy meeting Tuesday with persistently high inflation backing expectations of another rate hike -- a fourth straight steep increase as price pressures fail to ease quickly enough.
Most Asia markets rise on Fed bets as Hong Kong, Shanghai struggle

Most Asia markets rise on Fed bets as Hong Kong, Shanghai struggle

Hong Kong and Shanghai stocks saw big swings Tuesday following the previous day's rout after Xi Jinping tightened his grip on power in China, while other Asian markets extended gains on hopes the Federal Reserve will slow down its pace of rate hikes.
Dollar extends gains on Fed rate hike expectations

Dollar extends gains on Fed rate hike expectations

The dollar extended gains Friday on expectations the Federal Reserve will press ahead with its programme of bumper interest rate hikes for the rest of the year.
Bringing down inflation will take time, more rate hikes: Fed officials

Bringing down inflation will take time, more rate hikes: Fed officials

The United States will require further interest rate hikes in order to cool the world's largest economy and rein in high prices, Federal Reserve Governor Lisa Cook said Thursday.
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