interest rates

Dr Mohd Afzanizam Abdul Rashid said the ringgit should stay positive today as the Fed is on track to reduce its interest rates this month.

US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.

The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 per cent, as yields on long-term US Treasury bonds have spiked in recent months, reported Xinhua.

As interest rates continue to rise globally, there are indications of improvement in the fixed income markets this year.

Global growth, however, remains weighed down by persistent core inflation and higher interest rates, BNM said.

One fact that the community must realise is that the decrease in consumption will negatively impact many businesses.

Higher interest rates will stay in place until the US Federal Reserve is confident that surging inflation is on a path toward stability, according to a Fed meeting summary released this week.

Diniz said that investors are beginning to wonder when the US Federal Reserve will change its monetary policy on interest rates.

Ahmad Hariza said for the present time, the interest rate charged to borrowers is seen to be very high.

BNM today stressed the importance of recalibrating the monetary policy to avoid the need to be aggressive in raising interest rates.

The fallout can be felt beyond Americas borders, hitting shopkeepers in Sri Lanka, farmers in Mozambique and families in poorer countries around the world.

As COVID-19 shattered global economies and pushed countries towards recession, central banks worldwide have taken measures to ease interest rates to boost consumer spending and financial liquidity.

Fomca hopes that the government would consider waiving the accrued interest rates on housing and other loan repayments due to the harsh economic climate.

At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25 percent.

An interest rate increase signals The Fed's confidence towards the strength of US economic growth.

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.

The draft finance deal criticised by both developed and developing nations.

This was following the discovery of a suspected prohibited item in luggage.

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.