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Global Economy
IMF warns it will cut global growth forecast again with 'darkened' outlook
"It is going to be a tough 2022 -- and possibly an even tougher 2023"
July 13, 2022
US Economy
Fed sees 'more restrictive' rates possible if inflation persists
The FOMC viewed maintaining the central bank’s credibility to control inflation as crucial.
July 07, 2022
Global Economy
The supply-side fight against inflation
At the international level, efforts to facilitate trade, address supply-chain rigidities, and close data gaps will be essential.
July 06, 2022
Broker's Calls
FX markets playing 'a game of two halves', USD to depreciate in 2H2022: DBS
Fed chair Jerome Powell did not rule out a US recession from the frontloading of Fed hikes to restore price stability.
June 28, 2022
Global Economy
Citigroup economists see chance of global recession nearing 50%
Citigroup now sees the world economy growing 3% this year and 2.8% in 2023.
June 22, 2022
Global Economy
World's central banks got it wrong, and economies pay the price
The US isn’t the only one facing a credibility challenge.
June 17, 2022
Russia-Ukraine crisis
EU raises pressure on Russia, targeting oil and biggest bank
"This will be a complete import ban on all Russian oil, seaborne and pipeline, crude and refined."
May 04, 2022
Global Economy
World could face recession in next two years: PM Lee
Russia’s war on Ukraine has clouded the outlook for Singapore’s post-Covid recovery
May 01, 2022
Global Economy
Can Southeast Asian economies remain resilient?
The global monetary tightening led by the US Federal Reserve will influence the impact on Asean
April 20, 2022
Global Economy
World faces growth, inflation trade-off: Finance Minister Lawrence Wong in Washington
Wong also said that the trend toward globalization is ebbing, compounding the challenges to growth.
April 19, 2022