While the Fed is now predicting two more hikes, despite leaving rates unchanged in its June meeting, the market is not buying the Fed’s story.
AS we will soon be turning the chapter into the second half of 2023, it is perhaps an opportune time to gaze at the crystal ball again and see what lies ahead over the next six months for global markets and Malaysia. For this week, an analysis of the global economy will be made while in the next column, the focus will be on Malaysia and what lies ahead.
Mixed forecast
