US Federal Reserve (US Fed)

Global Economy

Briefs: US inflation refuses to bend; Temasek opens Paris office; Jack Ma cheers Alibaba's latest overhaul plan

US President Joe Biden believes that there will be a rate cut "before the year is out".

US Economy

Powell says latest inflation data 'in line with expectations'

However, he adds it won’t be appropriate to lower rates until officials are confident inflation is on track toward their 2% goal.

US Economy

Fed pencils in three rate cuts in 2024, shallower path ahead

Officials decided unanimously to leave the benchmark federal funds rate in a range of 5.25% to 5.5%, the highest since 2001.

US Economy

Fed’s Williams repeats rate cuts likely coming later this year

“I expect us to cut interest rates later this year,” he said Thursday in a fireside chat.

Global Economy

Briefs: Fed's Powell cements pivot; MAS keeps policy settings; Singapore investment pledges halved to $12.7 bil

Quoteworthy: "I would block it instantaneously. Absolutely." - Donald Trump.

US Economy

Fed pivot will dominate year of rate cuts

Central banks around the world are poised to begin easing monetary policy as inflation continues to retreat.

US Economy

Coming rate cuts portend a 1980s-style economic resurgence: Bloomberg opinion

The key economic question for 2024 is how to think about the interest rate cuts we’re likely to get from the Federal Reserve.

US Economy

US Fed sees rates staying high for some time with cuts eyed in 2024

The minutes indicated increased optimism among participants about the path of inflation, noting “clear progress.”

Broker's Calls

UOB Kay Hian downgrades Singapore banking sector to ‘market weight’ amid anticipated interest rate downcycle

OCBC is analyst Jonathan Koh’s top pick due to its commitment to maintaining its 50% dividend payout ratio.

Investing 101

What Fed rate cuts mean for your money, mortgages and more

The US Federal Reserve just gave its clearest signal yet that rate cuts are coming at its meeting on Dec 13.
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