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Indonesia’s central bank resumed its rate-cutting cycle, as cooling inflation provides ample room to support the economy.Bank ...
JAKARTA -- Indonesia's central bank cut its key interest rate by 25 basis points to 5.25% on Wednesday, as the threat of U.S. trade tariffs overshadows Southeast Asia's biggest economy.
Food prices rose at a rate of 4.5% and transport prices rose by 1.7% in the 12 months to June, up from 0.7% in May.
Shares in Asia are mixed after an update on inflation pulled most U.S. stocks lower, though gains for Nvidia pushed the ...
The rupiah was under pressure in the first half of the year, trading near its lowest levels since the Asian financial crisis on the back of US President Donald Trump's sweeping tariffs.
The bill is expected to affect the personal finances of millions of everyday Americans, but not all of the provisions will roll out at the same time.
Official data showed Consumer Prices Index inflation rose to 3.6 in June, up from 3.4 in May and the highest since January 2024.
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation ...
Underlying inflation remained stubbornly hot in June, leading financial markets and many economists to firm up calls for a third straight interest rate hold from the Bank of Canada later this month.
The mega bill, which Trump signed July 4, extends tax cuts that were set to expire this year and offsets some of the cost by ...
On June 6, the Bank of Russia lowered the key rate by 100 basis points to 20% annually, after a prolonged period of maintaining it at 21% ...