Fed goes big with long-awaited cut

Fed goes big with long-awaited cut

The US Federal Reserve’s latest interest rate cut is expected to ease pressure on Vietnam’s exchange rates, support domestic monetary policy, and potentially reverse foreign capital outflows, benefiting the country’s stock market and general economy.
Expectations of rate cut ahead of Fed meeting

Expectations of rate cut ahead of Fed meeting

Easing monetary policy may continue given the high chance of a Fed pivot with rate cuts.
Fluctuations to be expected ahead of Fed cut and election

Fluctuations to be expected ahead of Fed cut and election

The global economy is awaiting moves from the US Federal Reserve to cut interest rates. Nguyen Tri Hieu, senior financial expert, shared with VIR’s Nhue Man implications of eminent global standing on Vietnam’s economy and weighing efficient channels for investment in the rest of 2024.
Interest rate anchoring in US supporting VND status

Interest rate anchoring in US supporting VND status

The US Federal Reserve’s July interest rate rise by 0.25 percentage points, resulting in policy rates reaching a 22-year high, may not be the end of the matter given the recent trend of continuously lowering interest rates.
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.
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.
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.
Currency stable amid fresh Fed hike

Currency stable amid fresh Fed hike

Despite the US Federal Reserve’s latest interest rate hike, the Vietnamese currency has seen only limited depreciation when compared to the currencies of its regional partners.
Turbulence expected after Fed pivot

Turbulence expected after Fed pivot

Emerging economies like Vietnam will not be immune to plans by the US Federal Reserve to reduce bond purchases and rate hikes to fight against inflation pressures, with foreign indirect investment and some import- and export-reliant businesses perhaps in the firing line.
Fed alterations increase uncertainty

Fed alterations increase uncertainty

The latest initiatives of the US Federal Reserve to leave its benchmark short-term borrowing rate near zero, while signalling an imminent rate hike, is leaving other emerging economies’ central banks high and dry.
US Fed lowers key interest rate a third time

US Fed lowers key interest rate a third time

The US Federal Reserve cut its benchmark interest rate for the third straight time on Wednesday (Oct 30) but is likely to hold off before providing more stimulus as it gauges economic risks.
Shares rise on Fed rate hike hopes

Shares rise on Fed rate hike hopes

Shares accelerated growth in Friday’s afternoon session, driven by improved sentiment in both local and regional markets on hopes the US Federal Reserve (Fed) lowers its interest rate twice this year.
Dollar lower, stock markets 'tepid' before Fed

Dollar lower, stock markets 'tepid' before Fed

The dollar dropped and stock markets were mixed on Wednesday (Mar 21) ahead of a meeting of the US Federal Reserve and comments from its new boss Jerome Powell.