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US Federal Reserve (The Fed)
Currencies
Asian currencies hit 14-month high as US Fed slashes interest rates
US dollar weakness from the Fed’s dovish stance is bolstering Asian currencies; better growth prospects in Asia provide tailwinds.
September 19, 2024
Investing strategies
Fed’s rate pivot seen driving outsized gain in Asian assets
“The rate cut gives a clear signal to the financial markets, industrialists and householders that the Fed is supporting growth.”
September 19, 2024
Investing strategies
What the US Fed rate cuts mean for your money
Financial advisers offer tips for navigating a new era for the US economy, with borrowing costs lowered after Sept 19 rate cuts.
September 19, 2024
Singapore economy
S’pore, US swap gap set to narrow as MAS policy shift nears
Unlike most of the world’s major central banks, MAS focuses on the value of the currency as its main policy tool.
September 19, 2024
US Economy
‘This will not be a full-blown easing cycle’, says BlackRock Investment Institute
“Market rate cut expectations will ultimately be disappointed and the positive news will instead come from resilient growth.”
September 19, 2024
US Economy
Fed’s 50-basis point cut ‘kickstarts recalibration’: PGIM Fixed Income
The kickstart to the Fed’s easing cycle turns the focus to the perceived neutral rate and the time horizon needed to get there.
September 19, 2024
US Economy
Fed cuts rates by half point in decisive bid to defend economy
The US Fed slashed rates by 50 basis points, or a half percentage point on Sept 18, the first cut since March 2020.
September 19, 2024
Global Economy
Fed cut serves as starting gun for central banks across Asia
“Investors have voted with their feet” for a shallow easing cycle in Asia, says Taimur Baig, chief economist, DBS Group Holdings.
September 18, 2024
Hong Kong
Hong Kong’s beaten-down property stocks to get lift from Fed cut
The influx of foreign professionals, primarily from China, is expected to lead to higher rents.
September 17, 2024
Global Economy
World braces for Fed easing amid 36-hour rate rollercoaster
US Federal Reserve policymakers will sit down on Tuesday for the start of their two-day meeting.
September 15, 2024