US Federal Reserve (US Fed)

US Fed pauses rate hikes but signals more tightening to come - THE EDGE SINGAPORE

US Fed pauses rate hikes but signals more tightening to come

Wednesday’s hold is the first pit stop in the central bank’s most aggressive tightening campaign in decades.

US inflation slows in May, giving room for Fed to pause rate hikes

At 4%, year-over-year inflation is now at its lowest level since March 2021.

US Economy

Fed will keep rates high thanks to inflation fueled by corporate greed, investors say

One of the worst bouts of inflation in decades has spurred a search for explanations.

US Economy

Fed should consider a half-point July rate hike if June is a skip: former Treasury Secretary Lawrence Summers

“We are again in a situation where the risks of overheating the economy are the primary risks that the Fed needs to be mindful of"
Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout - THE EDGE SINGAPORE

Global Economy

Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout

Quoteworthy: "There is a sense that we’re much closer to the end of this than to the beginning" - Jerome Powell

Artificial Intelligence

ChatGPT can decode Fed speak, predict stock moves from headlines

The first wave of academic research applying ChatGPT to the world of finance is arriving.

US Economy

US core inflation slows only a bit, keeping Fed on track to hike

The core consumer price index — which excludes food and energy and is closely watched by the Fed — rose 0.4% from the prior month.

US Economy

Fed traders eye CPI after jobs data boost odds of a May hike

Concerns about the health of banks and the pace of credit creation will also be uppermost in investors’ minds.
Fed opts for hike-and-see in gamble that crisis will stay contained - THE EDGE SINGAPORE

US Economy

Fed opts for hike-and-see in gamble that crisis will stay contained

The FOMC voted unanimously to increase its target for the federal funds rate by a quarter ppts to a range of 4.75% to 5%.

Broker's Calls

OCBC’s Vasu Menon expects US Fed to raise rates by 25 bps; ‘banking crisis’ does not spell ‘gloom and doom’

"In a nutshell – be nimble, stay defensive, focus on quality, and invest carefully and gradually with a mid to long-term view."
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