US Federal Reserve (US Fed)

US Economy

US Fed seen rejecting calls for jumbo rate cut in economist survey

A large majority of economists surveyed see only a quarter-point decrease in interest rates coming in September.

US stocks

Market plunge has investors bracing for turbulent end to 2024

Four investment experts tell us what investors need to know about key issues in the market as they position their portfolios ahead

US Economy

Fed expected to hold rates and signal September cut

The US central bank’s Federal Open Market Committee will keep its benchmark rate in a range of 5.25% to 5.5%.

Global Economy

Briefs: ThaiBev share swap values FPL at $1.89 per FPL share; Allianz offers $40.58 per Income share

In other news, UMS is eyeing a secondary listing in Malaysia; former Fed official Kaplan sees rate cuts likely in September.

US Economy

Former Fed official Kaplan sees rate cut likely in September

US inflation slowed in the second quarter, with the so-called core consumer price index rising just 0.1% in June

US Economy

Fed’s Kugler repeats rate cut likely appropriate later this year

She said a rise in unemployment “driven by layoffs” would prompt her to vote for a cut “sooner rather than later.”
Powell says US data offer confidence that inflation is on path to 2% - THE EDGE SINGAPORE

US Economy

Powell says US data offer confidence that inflation is on path to 2%

Powell highlighted the three latest inflation readings, though he made clear he didn’t intend to send any specific message.

Global Economy

Briefs: US Fed signals one rate cut this year; Singapore economy expected to grow by 2.7% y-o-y in 2Q2024

In other news this week, the World Bank raised its forecast for global growth this year on strong US expansion.

Global Markets

Fed repricing gives rise to new equities playbook in Asia

Analysts see cheap Chinese stocks, Korean reform beneficiaries and Indian domestic-driven equities among the haven plays in Asia.

Global Economy

Schroders expects US Fed, BoE and ECB to cut rates in June

In a separate report, the firm has indicated its preference for private equity in India and China.
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