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AI lacks judgement to set interest rates, Singapore central bank head says
Reuters via AOL· 6 days agoArtificial intelligence lacks the human judgement skills needed to set interest rates, the head of...
Turkey, China, and India lead another solid month in central bank Gold buying
The Forex Market· 1 week agoCentral banks continued to steadily add gold to their reserves in March. On net, central banks...
RBA Retains Neutral Policy Bias as Key Rate Held at 12-Year High
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- Australia’s central bank kept interest rates at a 12-year high in a widely...
3 Foreign Bank Stocks Worth a Look in a Prospering Industry
Zacks via Yahoo Finance· 1 week agoWhile its total operating expenses increased in 2022 and 2023, the same declined, seeing a compound...
DBS quarterly results trounce forecasts, another record year expected
Reuters via Yahoo Finance· 2 weeks agoSINGAPORE (Reuters) -Singapore's biggest bank DBS Group reported on Thursday first-quarter results...
Bailey’s Rate-Cut Plan Is Set to Differ From Powell’s
Bloomberg via Yahoo Finance· 1 week ago(Bloomberg) -- The Bank of England may offer a clearer signal in the coming week on whether it plans...
Take Five: Go your own way
Reuters· 4 days agoGlobal central banks are starting to break away from the pack asrate cuts roll out across Europe while borrowing costs in the U.S. may stay higher for...
Asia Tracks Another Rally On Wall St As US Rate Optimism Lingers
International Business Times· 7 days agoFriday's big miss on...April, a strong earnings season and soothing comments about the policy...
Sign of intervention? Japan's yen jumps against dollar
Reuters· 2 weeks agoThe Wall Street Journal on Monday said Japanese financial authorities had intervened in the market,...
Asia shares rise on rate cut bets; Aussie slips on RBA By Reuters
Investing.com· 7 days agoSINGAPORE (Reuters) -Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. ...