Malaysia Must Be Ready to Hike Rates to Curb Prices, OECD Says
9 months ago
According to the latest report from the Organisation for Economic Co-operation and Development (OECD), Malaysia must be prepared to increase interest rates to effectively combat the rising prices of goods and services. The importance of this step is highlighted by global economic changes that have led to heightened inflation and price instability.
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Swiss National Bank Cuts Limit for Banks to Earn Full Interest on Deposits
10 months ago
The Swiss National Bank (SNB) has decided to reduce the limit for banks to earn the full interest rate on funds placed in deposits. This new measure comes into effect as the SNB aims to enhance financial stability and improve the effectiveness of monetary policy amidst a changing financial landscape.
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