US Interest Rates Remain High Despite Prospective Rate Cuts

Despite prospective rate cuts this year, US interest rates are still at the highs after the Federal Reserve’s unprecedented monetary tightening.Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength. After declining to its recent low of 100.62 in December last year, the US dollar index is now at 104.29.

Our big frustration in the old Ministry of Energy was the inability to discover a big enough oil or natural gas reserves in... Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Recto expects BSP to keep interest rates steady in AprilDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »

BSP urged: Ensure out-of-the-woods inflation before cutting interest ratesMonetary authorities must ensure that inflation is finally out of the woods before any move to ease policy rates, state-run Land Bank of the Philippines said.
Source: PhilstarNews - 🏆 1. / 94 Read more »

US Federal Reserve holds steadyThe US Federal Reserve decided to hold its interest rates steady for the 5th consecutive meeting.
Source: PhilstarNews - 🏆 1. / 94 Read more »