By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -The Philippine central bank left its benchmark interest rate steady at 6.25% for a third straight meeting on Thursday, saying …
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U.S. NHC says 30% chance of cyclone over the central tropical Atlantic
by Reutersby Reuters(Reuters) – An elongated trough of low pressure located near the central tropical Atlantic has a 30% chance of developing into a cyclone in the next 48 hours, the U.S. …
- Business News
China’s deflation a near-term positive for Western central banks – PIMCO
by Reutersby ReutersBy Davide Barbuscia NEW YORK (Reuters) -Deflationary pressures in China could spill over into global markets, which is potentially near-term good news for Western central banks as they seek to …
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Iraq set in ‘battle’ against dollar smugglers, central bank governor says
by Reutersby ReutersBy Timour Azhari BAGHDAD (Reuters) – Iraq has made strides implementing U.S. dollar supply restrictions targeting Iran but faces an uphill battle with a banking system unaccustomed to strict oversight …
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Thai key rate near balanced level, politics won’t impact policy -central bank chief
by Reutersby ReutersBy Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s current level of the benchmark interest rate was nearly balanced, the central bank governor said on Wednesday, adding that monetary …
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Thai economy expanding as policy rate nears stability level – central bank minutes
by Reutersby ReutersBANGKOK (Reuters) – Thailand’s economy should continue to expand as the policy rate is approaching a level consistent with long term stability, minutes of the central bank’s Aug. 2 monetary …
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Brazil’s central bank ‘very committed’ to current rate cut pace -director
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central bank director of international affairs Fernanda Guardado said on Tuesday policymakers are firmly dedicated to the current pace of rate cuts, after the bank flagged …
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Argentine peso steady after devaluation as central bank tightens control
by Reutersby ReutersBy Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s peso was flat on Tuesday at 350 per dollar after the central bank guided a sharp devaluation a day earlier in the …
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East Brunswick Bike Rodeo Teaches Kids Safe Cycling Skills
by Phil Stiltonby Phil StiltonEAST BRUNSWICK – The East Brunswick Police Department played a significant role in the East Brunswick Bike Rodeo held on Saturday, August 12th, at the Community Arts Center. The event, …
- Business News
Instant view: Russia’s central bank hikes rates to 12% at extraordinary meeting
by Reutersby ReutersLONDON (Reuters) – Russia’s central bank jacked up its key interest rate by 350 basis points to 12% on Tuesday, an emergency rate move to try and halt the rouble’s …
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Philippine central bank to hold rates at 6.25%, cut in Q1 2024: Reuters poll
by Reutersby ReutersBy Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at 6.25% for a third consecutive meeting on Thursday and keep …
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PHILADELPHIA, PA- The Philadelphia Police Department is seeking the assistance of the public in locating Tamia Washington, who has been reported missing. Tamia was last seen on Wednesday, August 8, …
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Russian central bank to hold emergency rate meeting as rouble tumbles
by Reutersby ReutersMOSCOW (Reuters) – Russia’s central bank will hold an extraordinary meeting on Tuesday to discuss the level of its key interest rate, it said on Monday, as the sharply weakening …
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TOLEDO, OH – A woman suffered gunshot injuries in central Toledo on Saturday, shortly before 9 p.m. According to reports, the incident unfolded near Pinewood Avenue and Miller Street. Detective …
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China central bank seen leaving policy loan rate unchanged on Tuesday
by Reutersby ReutersSHANGHAI/SINGAPORE (Reuters) – China’s central bank is expected to keep rates on its medium-term policy loans unchanged on Tuesday, a Reuters survey showed, despite fresh signs the economic recovery is …
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A Beacon of Human Thinking Is In Danger of Being Lost to Development in New Jersey
by Phil Stiltonby Phil StiltonThe Horn Antenna, tucked away in Holmdel Township, New Jersey, is a remarkable piece of history that has greatly contributed to our understanding of the universe. Recently, this iconic monument …
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(Reuters) – The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks …
- Business News
Australia central bank says worst over for inflation as policy enters ‘calibration stage’
by Reutersby ReutersSYDNEY (Reuters) – The head of Australia’s central bank on Friday said policy was in the “calibration stage” as the worst was over for inflation, though some further policy tightening …
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By Uditha Jayasinghe COLOMBO (Reuters) – The Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks by 200 basis points to 2%, effective Aug. 16, …
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Review found Afghan central bank lacks independence from Taliban – US watchdog
by Reutersby ReutersBy Jonathan Landay WASHINGTON (Reuters) – A U.S.-funded assessment of Afghanistan’s central bank found that it lacks independence from the Taliban administration and adequate safeguards against money laundering and terrorism …
- Business News
Sri Lanka central bank chief: monetary policy transmission still incomplete
by Reutersby ReutersBy Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country’s central bank, Nandalal Weerasinghe, …
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LONDON (Reuters) – Major central banks are tentatively eyeing the end of aggressive interest rate hikes as price pressures finally show signs of abating. Inflation remains high across the globe, …
- Business News
Colombia’s central bank cuts 2023 forecasts for inflation, growth
by Reutersby ReutersBOGOTA (Reuters) -The technical team of Colombia’s central bank on Wednesday lowered its outlook for inflation in 2023 to 9%, from 9.5% previously, and cut its forecast growth for Latin …
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58-Year-Old Man Reported Missing in Central Philadelphia
PHILADELPHIA, PA- The Philadelphia Police Department is seeking the assistance of the public in locating 58-year-old Richard Williams, who has been reported missing. Richard was last seen on July 18, …
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By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) – Colombia’s central bank unanimously held the benchmark interest rate at 13.25% for the second time in a row on Monday, amid …