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

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.

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
Ringgit

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.  
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