BAY reveals a slight appreciation of baht after the MPC maintains interest at 29.50 | RYT9
Global Markets Group Bank of Ayudhya (BAY) has a unanimous opinion on the outcome of the Monetary Policy Committee (MPC) meeting to maintain the policy rate at a record low of 0.50% as expected. This marks the fifth consecutive policy rate stabilization after a total of 0.75% of policy interest was dropped earlier this year. […]
(Notes) Thai stock market outlook: Index morning trend sideways swing – upward | RYT9
Mr.Thanomsak Saharatchai Assistant Managing Director and Head of Research, Asset Management Co., Ltd.Krung Thai Seamico Said that the Thai stock market overall this morning is likely to be a sideway upward swing after the meeting.Federal Reserve Bank (Fed) Has a fixed resolutionInterest rateShort-term at the level 0.00-0.25%, with indicating that FedWill continue to use every […]
Dow jump more than 100 points due to Fed meeting, progress to stimulate ERA | RYT9
DowMore than 100 points jumped today in response to the meeting results.Federal Reserve Bank (Fed) As well as the progress of the issueEconomic stimulus measuresUnited States As of 9:40 p.m. Thai time, the Dow Jones Industrial Average was 30,319.70 points, positive 165.16 points or 0.55%. The Fed unanimously maintained short-term interest rates at 0.00-0.25% at […]
Get in debt now, it will be worse, banks whisper. Mortgages are extremely cheap
It is almost certain that the mortgage market will break the record this year. Not enough is enough, and in the volume of loans provided, the target from 2016, when people borrowed 225.8 billion crowns for housing, will tear. Interest in mortgages is also increased by low interest rates, which fall below two percent. Bankers […]
Commercial banks’ leading variable interest rates rise all at once… Minimum 2.45% per year
Commercial banks’ leading variable interest rates rise all at once… Starting at 2.45% per year[주요언론] The interest rates of variable-rate home mortgage loans at major commercial banks rose at the same time. From this day on, the interest burden on loan buyers became larger. According to banknotes on the 16th, KB Kookmin, Woori, and NH […]
BI interest is already 3.75%, KPR is still suffocating
Jakarta – The mortgage interest rate (KPR) is said to be too high. This happened because banks found it difficult to keep up with the decline in the Bank Indonesia (BI) benchmark interest rate that had taken place since mid last year. Economists assess that currently banks have received a large margin from loan interest, […]
Surprise! BI Cut Reference Flowers To 3.75%
Jakarta, CNBC Indonesia – Bank Indonesia (BI) decided to lower the benchmark interest rate. This is beyond the expectations of market participants. On Thursday (19/11/2020), the November 2020 edition of the BI Board of Governors decided to lower the BI 7 Day Reverse Repo Rate by 25 basis points (bps) to 3.75%. Meanwhile, the Deposit […]
The Central Bank decides to reduce interest rates on deposits and lending by 0.5%
The Monetary Policy Committee of the Central Bank of Egypt decided, at the end of its meeting Thursday evening, to reduce both the overnight deposit and lending rate and the central bank’s main operation rate by 50 points. The Monetary Policy Committee of the Central Bank decided Al-Masry in their meeting on Thursday the same […]
Economic activity has been more robust since August than previously thought
“Economic activity has been more resilient than previously thought, domestically and internationally, since August,” said Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr, speaking at the press conference following the monetary policy decision on Wednesday. More quotes “Inflation and employment have long been below target.” “We expect banks to lend responsibly and avoid undue […]
The Czech economy will collapse more than we expect, but the CNB’s intervention is not necessary, says Rusnok
The use of other monetary policy instruments other than interest rates, such as foreign exchange interventions, negative interest rates or quantitative easing by the Czech National Bank, is now not necessary. The reason is the development of inflation and the exchange rate of the koruna, which so far acts in the economy as a stabilizer […]