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rate cuts
Global Economy
While the Fed has no 'guts', the PBOC is on steroids
SINGAPORE (Sept 23): It is debatable whether the US Federal Reserve has sense, vision or “guts”. But one thing is certain: The US central bank has become a weakling. The People’s Bank of China, on the other hand, is loaded with technocrats on steroi
September 20, 2019
Global Economy
Jerome Powell flags rate cut as global chill outweighs good US news
(July 11): The Federal Reserve is preparing to cut interest rates for the first time in a decade because it sees a cooling global economy and no sign of overheating in the jobs market at home.
July 11, 2019
Global Economy
Tweets, tariffs damage market sentiment; tread cautiously, says Phillip Futures analyst
SINGAPORE (June 10): The outlook for 2H2019 is downbeat, as analysts see slowing growth — as a result of US protectionism — and shifting supply chains affecting markets. The Straits Times Index — which started 2019 at 3,068 — is still in positive
June 07, 2019
Currencies
Asia’s worst currency slump takes Malaysian rate cut off table
KUALA LUMPUR (Nov 23): Asia’s worst-performing currency since Donald Trump’s surprise US election victory is putting a Malaysian interest-rate cut out of sight for now.
November 23, 2016