WELLINGTON, Oct 5 ― New Zealand's central bank today delivered its eighth consecutive interest rate hike, sending the country's borrowing costs to their highest level in more than seven years, as it joins a global battle against surging inflation.
The move came as its counterparts in the United States, Europe and elsewhere ramp up rates to curtail decades-high inflation, fuelling concerns they could trigger a prolonged global downturn.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Covid-19 (Oct 3): 1,244 new cases, 5 deathsHospitalised Covid-19 patients under the 1,000 mark for third day.
Source: malaysiakini - 🏆 20. / 51 Read more »
Penang Pakatan to discuss GE15 seat allocation on Oct 5, says Kon Yeow | The Malaysian InsightState chapter chief confirms dissolution of assembly to be determined by federal leaders.
Source: msianinsight - 🏆 8. / 63 Read more »
GE15: Penang Harapan to discuss seat distribution on Oct 5It will involve all the Penang state seats, says Chow.
Source: malaysiakini - 🏆 20. / 51 Read more »
Budget 2023 tabling still on schedule for Oct 7, says Wan JunaidiPETALING JAYA: The tabling of Budget 2023 will go on this coming Friday (Oct 7) as scheduled, says Datuk Seri Dr Wan Juniadi Tuanku Jaafar.
Source: staronline - 🏆 4. / 75 Read more »
Measures to rescue Malaysians from job scams among focus at Dewan Rakyat on Oct 4KUALA LUMPUR: Measures to assist Malaysians who have been cheated and kidnapped in employment scam syndicates, especially in South-East Asia are expected to be the focus at Dewan Rakyat on Tuesday (Oct 4).
Source: staronline - 🏆 4. / 75 Read more »
Penang PH to discuss seat distribution on Oct 5 for GE15: ChowOn the Penang government’s stand on not dissolving the State Legislative Assembly, Chow said the matter would be referred to at the federal level for a final decision theSun thesundaily Penang PakatanHarapan GeneralElection StateLegislativeAssembly
Source: theSundaily - 🏆 25. / 51 Read more »