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Taiwan Central Bank Raises Key Rate Further, Cuts Growth Forecast

Taiwan's central bank raised its key interest rate by a surprise move at its December meeting amid concerns about inflation as policymakers aim to achieve price stability and support sound economic and financial development. The central bank board unanimously decided to raise the benchmark discount rate by 0.125 percentage points to 1.875 percent.
RTTNews | 883 일 전
U.S. New Home Sales Increase From Downwardly Revised Level In February

U.S. New Home Sales Increase From Downwardly Revised Level In February

New home sales in the U.S. increased from a significantly downwardly revised level in the month of February, according to a report released by the Commerce Department on Thursday. The report said new home sales climbed by 1.1 percent to an annual rate of 640,000 in February after jumping by 1.8 percent to a downwardly revised rate of 633,000 in January.
RTTNews | 883 일 전
Bank Of England Raises Key Rate Further To Tame Inflation

Bank Of England Raises Key Rate Further To Tame Inflation

The Bank of England hiked its key rate for the eleventh consecutive session on Thursday as an unexpected rise in inflation outweighed concerns about the recent banking sector turbulence. The nine-member Monetary Policy Committee decided to lift the bank rate by 25 basis points to 4.25 percent. This was the highest rate since 2008.
RTTNews | 883 일 전
Pound Mixed After BoE Decision

Pound Mixed After BoE Decision

The pound showed mixed performance against its major rivals in the European session on Thursday, after the Bank of England raised its benchmark rate by 25 basis points and signalled further tightening if there are signs of persistent price pressures.
RTTNews | 883 일 전
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower

A report released by the Labor Department on Thursday unexpectedly showed a slight decrease by first-time claims for U.S. unemployment benefits in the week ended March 18th. The Labor Department said initial jobless claims slipped to 191,000, a decrease of 1,000 from the previous week's unrevised level of 192,000. Economists had expected jobless claims to rise to 201,000.
RTTNews | 883 일 전
Norges Bank Lifts Key Rate By 25 Bps; Hints At More Tightening

Norges Bank Lifts Key Rate By 25 Bps; Hints At More Tightening

Norway's central bank decided to raise its policy rate by 25 basis points to curb inflation amid the tight labor market conditions and hinted at another rate hike in May and beyond. Norges Bank's Monetary Policy and Financial Stability Committee on Thursday unanimously decided to lift the policy rate to 3.00 percent from 2.75 percent.
RTTNews | 883 일 전
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Philippine Central Bank Hikes Rate For Ninth Straight Session

Philippine Central Bank Hikes Rate For Ninth Straight Session

The Philippine central bank raised its benchmark rates for the ninth consecutive policy session to gain control over inflationary pressure emanating from strong domestic demand and lingering supply-side constraints. That said, the bank softened its pace of tightening given the stability in the currency.
RTTNews | 883 일 전
United Airlines, Archer To Launch First Air Taxi Route In Chicago

United Airlines, Archer To Launch First Air Taxi Route In Chicago

United Airlines and Archer Aviation Inc. announced plans to launch the first commercial electric air taxi route in Chicago, between O'Hare International Airport or ORD and Vertiport Chicago. As part of their urban air mobility or UAM network buildout, both companies will utilize Archer's electric vertical takeoff and landing or eVTOL aircraft in the new route.
RTTNews | 883 일 전
Pound Advances After BoE Decision

Pound Advances After BoE Decision

As expected, the Bank of England raised its key rate by 25 basis points to 4.25 percent from 4 percent. Following the decision, the pound rose against its major counterparts.
RTTNews | 883 일 전

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