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PM makes known his disagreement with BOT rate hike
PM makes known his disagreement with BOT rate hike
MONDAY, JANUARY 08, 2024
In a Facebook post on January 7, Prime Minister Srettha Thavisin expressed his disagreement with the Bank of Thailand’s decision to raise interest rates despite negative inflation.PM rejects electricity tariff hike proposal
PM rejects electricity tariff hike proposal
MONDAY, DECEMBER 04, 2023
Prime Minister Srettha Thavisin rejected the electricity tariff hike approved by the Energy Regulatory Commission (ERC) on Saturday (December 2), explaining that he was worried the increase would be too burdensome for consumers.Key business body urges government to increase rates gradually
Key business body urges government to increase rates gradually
WEDNESDAY, SEPTEMBER 07, 2022
The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) on Wednesday pleaded with the Thai government to raise electricity bills, wages and interest rates gradually in order to mitigate the negative impact of the Covid-19 pandemic on businesses.Fed unveils 75-basis-point rate hike, Powell doesn't see US in recession
Fed unveils 75-basis-point rate hike, Powell doesn't see US in recession
THURSDAY, JULY 28, 2022
US stocks rallied on Wednesday led by Nasdaq after the Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point and comments by Federal Reserve Chairman Jerome Powell reassured investors.Thai industries target costs as rate hike looms
Thai industries target costs as rate hike looms
WEDNESDAY, JULY 27, 2022
Thai industries are preparing to cut costs and raise capital in response to the possibility of an interest rate hike, the latest poll of the Federation of Thai Industries (FTI) showed.South Korea set for rate hike as inflation hits 24-year high
South Korea set for rate hike as inflation hits 24-year high
TUESDAY, JULY 05, 2022
The Bank of Korea will raise its benchmark rate by 50 basis points for the first time next week, as consumer prices in June rose 6 per cent year on year, the highest level since November 1988, when they jumped 6.8 per cent year on year.Fed unveils biggest rate hike since 1994, flags slowing economy
Fed unveils biggest rate hike since 1994, flags slowing economy
THURSDAY, JUNE 16, 2022
The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive surge in inflation and projected a slowing economy and rising unemployment in the months to come.Best emerging currencies lose steam as rate-hike bets wane
Best emerging currencies lose steam as rate-hike bets wane
TUESDAY, AUGUST 31, 2021
Some of this years best-performing emerging-market currencies are falling out of favor as traders trim back bets on further interest-rate hikes.Fed guessing game moves up a gear as Yellen takes stage
Fed guessing game moves up a gear as Yellen takes stage
SUNDAY, AUGUST 21, 2016
MADRID - Will they or won't they? The debate over whether the US Federal Reserve is readying an interest rate hike will get its umpteenth airing over the coming week, with all eyes on Chair Janet Yellen to provide some clarity.