inflation

 
 

US Fed to hike interest rates again but hints at pause in 2019

WASHINGTON, Dec 16 — The US Federal Reserve is likely to raise interest rates in the coming week but policymakers have begun to signal they may take it a bit slower in 2019. Waning growth, a trade war, tame inflation and an increasingly scary…


IMF projects Malaysia’s 2018 real GDP growth at 4.7 per cent

KUALA LUMPUR: The International Monetary Fund (IMF) is projecting Malaysia’s real gross domestic product (GDP) growth at 4.7 per cent for 2018, compared with an earlier forecast of 5.3 per cent made on March 7. The IMF said headline inflation was declining and expected to average around 1.1 per cent this year. “Credit growth has […]


IMF projects Malaysia’s 2018 real GDP growth at 4.7pc

KUALA LUMPUR, Dec 14 — The International Monetary Fund (IMF) is projecting Malaysia’s real gross domestic product (GDP) growth at 4.7 per cent for 2018, compared with an earlier forecast of 5.3 per cent made on March 7. The IMF said headline…


ECB's Draghi 'confident' but cautious as risks loom

FRANKFURT, Dec 14 ― European Central Bank chief Mario Draghi said yesterday the institution will withdraw a major pillar of its stimulus, crediting mass bond-buying with helping save the eurozone from crisis since its introduction in 2015. But…


ECB worries multiply even as money-printing presses stop

FRANKFURT: The European Central Bank is all but certain to formally end its lavish bond purchase scheme but will take an increasingly dim view on growth, raising the odds that its next step in removing stimulus will be delayed. The long-flagged end of bond buys must be irreversible for the sake of credibility, but with […]


Malaysia’s GDP growth to expand to 4.8 per cent in 4Q18

KUCHING: Manufacturers in Malaysia are likely to sustain production in the domestic oriented industries, analysts observe. They projected that Malaysia’s real gross domestic product (GDP) could expand by 4.7 or 4.8 per cent year on year (y-o-y) in the fourth quarter of 2018 (4Q18). According to the Department of Statistics Malaysia’s latest update on the […]


US weekly jobless claims near 49-year low; import prices fall

WASHINGTON, Dec 13 — The number of Americans filing applications for jobless benefits tumbled to near 49-year lows last week, which could ease concerns about a slowdown in the labour market and economy. Other data today showed import prices…


ECB to keep buying debt well into future

FRANKFURT AM MAIN, Dec 13 — The European Central Bank is widely expected to end today the “quantitative easing” (QE) programme that has seen it pump €2.6 trillion (RM12.4 trillion) into the eurozone economy to stoke growth and inflation. But…


Asia to grow as expected in 2018 and 2019 — ADB

MANILA: The Asian Development Bank expects developing Asia to meet its growth forecasts for this year and next on strong domestic demand and easing inflation pressures, though it warned of downside risks from a rising tide of trade protectionism. The Manila-based institution, which released an update of its Asian Development Outlook on Wednesday, maintained its […]


US stocks rise on positive signs on China trade talks

NEW YORK, Dec 12 — Wall Street stocks were back on the upswing early today amid heightened volatility on the latest positive signs in the US-China trade fight. About 20 minutes into trading, the Dow Jones Industrial Average was up 1.0 per cent at…