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US Federal Reserve (US Fed)
US Economy
UBS strategists see far deeper Fed rate cuts than what markets are pricing
UBS strategists predict that the Federal Reserve will cut interest rates by 275 basis points next year.
November 13, 2023
US Economy
US Fed signals yield rise reduces need to hike, but door still open
The unanimous decision left the target range for the benchmark federal funds rate unchanged at 5.25% to 5.5%.
November 02, 2023
US Economy
Powell signals Fed to stay on hold and keep future hike on table
The comments effectively affirm market expectations for the Fed to skip a rate increase for a second straight meeting on Oct 31.
October 20, 2023
Global Economy
Briefs: Fed signals higher-for-longer rates; Goldman raises Brent oil forecast to US$100 as rally builds
Quoteworthy: "Ukrainian soldiers are doing with their blood what the UN Security Council should do by its voting."
September 21, 2023
US Economy
Key takeaways from Fed chair Jerome Powell’s Jackson Hole speech
Powell made it clear that the US central bank was prepared to raise interest rates further if needed.
August 26, 2023
Global Economy
Briefs: Singapore seeks financial firms' documents in laundering case, SGX RegCo issues 'trade with caution' on DRT
Quoteworthy: "We want good luck and good things to happen." –— Presidential candidate Tharman Shanmugaratnam.
August 25, 2023
Global Economy
Briefs: US Fed raises interest rates; manufacturing output down while headline and core inflation figures ease in June
Quoteworthy: "And soon we shall bid adieu to the twitter brand and, gradually, all the birds." - Elon Musk
July 28, 2023
Fed raises interest rates to 22-year high, leaves door open for more
The quarter percentage-point hike lifted the target range for the Fed’s benchmark federal funds rate to 5.25% to 5.5%.
July 27, 2023
Global Economy
Briefs: S Iswaran assisting in CPIB probe; Malaysia attempts revival of KL-Singapore high-speed rail project
"Twitter has had the opportunity to do this but hasn’t nailed it… Hopefully we will." - Mark Zuckerberg.
July 13, 2023
Global Economy
Briefs: Investors see more Fed rate hikes and no cuts till 2024; oil demand growth to slow dramatically as peak nears
In other news: China faces millionaire exodus as economy slows
June 18, 2023