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President Donald Trump said he will soon have a "majority" of preferred members on the Federal Reserve board who will back his desire to slash interest rates.

India’s food prices have fallen, but calorie intake hasn’t risen. This paradox reveals how economic stability isn’t translating into nourishment.

© Reuters. FILE PHOTO: Swiss National Bank (SNB) headquarters are seen in Zurich, Switzerland March 16, 2023. REUTERS/Denis Balibouse/File Photo SNBN 0.30% ZURICH (Reuters) -The Swiss National Bank is ready to intervene in the foreign currency markets and cut interest rates even below zero to prevent inflation falling below its price stability target, Chairman Martin Schlegel said on Tuesday. "No one likes these negative interest rates, obviously the Swiss National Bank doesn’t like it," Schlegel told an event in Zurich. "But if we have to do it, the negative interest rates, we’re certainly prepared to do it again," he added. Is SNBN truely undervalued? With SNBN making headlines, investors are asking: Is it truly valued fairly? InvestingPro's advanced AI algorithms have analyzed SNBN alongside thousands of other stocks to uncover hidden gems with massive upside. And guess what? SNBN wasn't at the top of the list. Unlock ProPicks AI 0 Latest comments

Bank of America (BofA) analysts provided insights into Thailand’s economic outlook, focusing on the trajectory of inflation and the implications for the country’s monetary policy. Inflation in Thailand averaged 1.08% for the first quarter of this year. BofA analysts expect this trend to continue, with inflationary pressures remaining subdued over the coming months. They project a sharp decline in headline inflation as the base effect fades, forecasting an average inflation rate of around 0.7% for 2025. The current policy rate in Thailand stands at 2.0%. According to BofA, this rate is considered too tight in light of the weak inflation outlook. Consequently, they anticipate further monetary easing. BofA maintains the stance that three additional rate cuts are likely within the next 12 months, predicting a terminal rate of 1.25%. They also note that risks are tilted to the downside, acknowledging potential growth headwinds. The analysts expect the first of these rate cuts to occur at the April Monetary Policy Committee (MPC) meeting, with a reduction of 25 basis points. This move is anticipated as part of the effort to align the policy stance with the current economic indicators, which suggest a need for a more accommodative monetary policy to support growth. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.